> Singapore has a regressive shock absorber model where something like half the country are immigrants that are ineligible for, say, public housing
Singapore has about 1.5 million foreign workers[0] of the population of 6.1 million or just under 25%. Of that 1.5 million, 75% are WP holders who pay no tax and have housing provided as a condition of their employment. Why would you expect social housing to be provided for them?
Only about 5-6% of the population are on EPs and SPs. They are definitely vulnerable during a downturn, but they are professionals and they know the rules coming in. At least while they're here they enjoy low tax rates and don't have to contribute to CPF. If they fell into the expat trap of living the high life and didn't save, that's on them.
> The country effectively runs on a slave class.
I really wish people would not throw this word around so casually, it is disrespectful to the many millions of people over the course of human history (and today!) who were forced under threat of violence or death to labour without remuneration.
Of course Singapore's migrant worker system is open to criticism, but every single one of those workers can resign tomorrow and get a free plane ticket home, and the same applies to domestic helpers as well.
Migrant workers work in Singapore because it's their most rational economic choice. They pay no income tax, room and board is provided and the wages are sufficient to house, feed and educate their family back home, almost certainly to a better standard than would otherwise be possible had they remained in their home country.
tl;dr migrant workers have agency!
The comment about cars is unintentionally hilarious. “A developed country is not a place where the poor have cars. It's where the rich use public transportation.” and the public transportation in Singapore is very good indeed.
The non-resident population of Singapore (which is a reasonable proxy for migrant worker population) is at the highest it's ever been, as is the total population.[0][1]
[0] https://www.singstat.gov.sg/publications/reference/singapore...