If next economic crash occus within 2 years, this PH scam might not have have significant impact.

If next economic crisis kicks in 4 years: enough momentum would have been built into this PH scam. Investors would be fleeing and shorting this developer stock would give a person massive profit.

What joshua?

Look at the bright side: This will drive up the property prices to more non-affordable level for the middle and low class, high class can benefit immensely from skyrocketing property prices if this scheme is implemented to construct 1 million homes.

This is actually a very good scam and if you are intelligent: you can benefit from this.
Without sarcasm:
PH has done only 3 good things:
1.Fibre Internet price reduction.
2.Floating of Petrol prices starting from 2019.
3.Fund my home Scam.