Kiasunomics
Economic insights for everyday life in Singapore.
Kiasunomics
Highway to Riches: The Great Singaporean Money Move
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NUS Business School
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Season 3
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Episode 3
Clearly the pandemic has exacerbated inequality throughout the world.
In Asia, three new billionaires are created every week now, and over 97% of the world’s wealth is concentrated among the top 5% of the population. Much research has gone into the analysis of this issue, to devise plausible solutions moving forward.
In this episode, Professor Sumit Agarwal chats to Professor Fan Yi about her research on inter-generational housing wealth mobility, and whether factors like policy and housing types (i.e. public or private) have a bearing on how the next generation fares, property wise.