In Singapore, mandatory savings can be used for housing, but steep taxes discourage buying second and third homes. Economist Sumit Agarwal breaks it down on "Wall Street Week." #housing #housingcrisis #Singapore #savings

In Singapore, mandatory savings can be used for housing, but steep taxes discourage buying second and third homes. Economist Sumit Agarwal breaks it down on "Wall Street Week." #housing #housingcrisis #Singapore #savings ♬ original sound - Bloomberg Business