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What is Housing Affordability in Singapore Analysis about?

This document discusses methodology for measuring housing affordability in Singapore using lifetime income. It outlines problems with traditional monthly income/payment metrics and proposes an alternative measure of housing price to lifetime income. The key aspects are: (1) Applying regression to age-income data generates age-income profiles separated into age and cohort effects. (2) Lifetime income is the discounted present value of projected future income based on age-income profiles. (3) Housing is consi

Author

linhanlong

Language

EN