Dats an oxymoronOriginally posted by orwell76:High cost of living is necessary in Singapore. With humans as the only resources in Singapore, therefore it's necessary that mantain high cost of living so that 90% of the population do not accumulate excess wealth.
Imagine if Singaporeans starts to accumulate wealth to pass down to the next generation, who wants to work? There will be insufficient labour to fill up the plants set up by foreign investors.
A high cost of living such as housing, healthcare and transport ensures that the workforce is docile. With loans, mortgages, and monthly expenses to repay, the population will be gainfully employed. No one can afford to slack.
Hence, it makes more economic sense to have subsidised high priced HDB flats so that both husband and wife needs to be working to repay the mortgage, at the same time more taxes can be collected if both are working.
This is my opinion in living here, people tend to buy the latest gadget, get the latest car or prefer to live in private apartment. They make themselves stressedOriginally posted by oxford mushroom:Do you have a fridge at home? Do you have colour TV at home? Do you have a car at home? Do you have a computer at home? Have you ever taken holidays overseas? Do you own your own home? Do you expect to buy a 3-bedroom flat or better when you marry?
And you wonder why the cost of living is high in Singapore??
The difference over these two thing?Originally posted by dragg:must understand the difference between high cost of living and high standard of living.
I quite agree with that.Originally posted by will4:This is my opinion in living here, people tend to buy the latest gadget, get the latest car or prefer to live in private apartment. They make themselves stressed
as a result of trying to get these material thing.
Here's a thought to ponder..... If SG keep cost of living high for citizens to work their butts of till they die, why they keep hiring foreign workers?Originally posted by orwell76:High cost of living is necessary in Singapore. With humans as the only resources in Singapore, therefore it's necessary that mantain high cost of living so that 90% of the population do not accumulate excess wealth.
Imagine if Singaporeans starts to accumulate wealth to pass down to the next generation, who wants to work? There will be insufficient labour to fill up the plants set up by foreign investors.
A high cost of living such as housing, healthcare and transport ensures that the workforce is docile. With loans, mortgages, and monthly expenses to repay, the population will be gainfully employed. No one can afford to slack.
Hence, it makes more economic sense to have subsidised high priced HDB flats so that both husband and wife needs to be working to repay the mortgage, at the same time more taxes can be collected if both are working.
Originally posted by orwell76:What c o c k are you talking?
High cost of living is necessary in Singapore. With humans as the only resources in Singapore, therefore it's necessary that mantain high cost of living so that 90% of the population do not accumulate excess wealth.
Imagine if Singaporeans starts to accumulate wealth to pass down to the next generation, who wants to work? There will be insufficient labour to fill up the plants set up by foreign investors.
A high cost of living such as housing, healthcare and transport ensures that the workforce is docile. With loans, mortgages, and monthly expenses to repay, the population will be gainfully employed. No one can afford to slack.
Hence, it makes more economic sense to have [b]subsidised high priced HDB flats so that both husband and wife needs to be working to repay the mortgage, at the same time more taxes can be collected if both are working.[/b]
The poor are still very selective about their choice of profession.Originally posted by MohamedF:Here's a thought to ponder..... If SG keep cost of living high for citizens to work their butts of till they die, why they keep hiring foreign workers?
Originally posted by orwell76:Hence, it makes more economic sense to have subsidised high priced HDB flats so that both husband and wife needs to be working to repay the mortgage, at the same time more taxes can be collected if both are working.
Selective -Originally posted by orwell76:The poor are still very selective about their choice of profession.
Then how to catch up with the cost of living when earning less than 1.6k to feed a family huh???Originally posted by orwell76:In Singapore, the poor is always at fault for not being able to catch up with the cost of living. It's never the power elite's undoing for failing to contain the rising cost of living.