It highlights the challenge Singapore’s government is facing in trying to adapt residents to a changing global economy. Authorities are seeking to build Singapore into a digital economy, but has to balance those imperatives without alienating citizens who say they’re distressed about strangers sweeping through their neighbourhoods.
(Oct 12): Sizing up the home-sharing industry in Singapore has become the economist’s puzzle as the aspiring “Smart Nation” grapples with resistance to next-door strangers.
Despite government rules restricting the likes of Airbnb operating in Singapore, there are signs that home-sharing has become more prolific in the city state. Residents’ complaints about short-term rentals for private homes have climbed this year, while a surge in tourist arrivals isn’t being mirrored in hotel receipts, indicating more visitors may be staying in private homes.
