October 10, 2016
Short-term stays are a “breach of faith” for those who have bought homes for residential use, but Singapore will not close the door on it permanently, said National Development Minister Lawrence Wong. Addressing the debate on home sharing in an interview last week, Mr Wong said there are strong reasons for not legalising short-term rentals here, but acknowledged that circumstances may change. “I think the sharing economy is here to stay… we certainly want to support more shared spaces.”…
Source: http://www.straitstimes.com/singapore/housing/short-term-home-stays-a-breach-of-faith-but
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