It's been exceptionally successful in Singapore, for one.

I currently live in an HDB property in Singapore. It's great.

I'm originally from the Netherlands, which traditionally had a strong social housing sector: regions and cities would have their own housing corporations ('woningbouwcorporaties') tasked with building affordable housing. Those corporations were given government support after 1950 to help with the post-WW2 housing shortage, but were semi-privatized in the mid-90s, and in 2015 their scope was strongly curtailed.

It would be reductive to say that this privatization was the sole cause of the current housing crisis affecting the Netherlands -- rents and housing prices have also increased a lot in Singapore since Covid -- but it probably didn't help.

Rents and housing prices went down a lot in Singapore during Covid. So them going up again afterwards is just a reversion to the mean.

Singapore doesn’t have social housing. HDB is government built and sold for 99 year lease hold.

You're describing a form of social housing.

No. Because HDBs are not owned by the government.

Yes. Because "social housing" is a general term that implies subsidization and affordability rather than any one specific ownership model.

No. Social housing is government owned and rented. Singapore is government built and sold. Singapore is a tiny island with little space. The government has to control what is built where and avoids it turning into Hong Kong slums.

You're being stubborn. From Wikipedia:

>Public housing, also known as social housing, is subsidized or affordable housing provided in buildings that are usually owned and managed by local government, central government, nonprofit organizations or a combination thereof.