Originally posted by reyes:
3. high living expenses(high inflation)
- why are we paying $150k for 90msq 4 room flat where barely 10 years ago, it cost $100k for 106msq. it count add up to 70% increase from 10 years ago. are our pay, increase by 70% from 10 years ago? in fact some of us even argue, we go paid less compare to 10 years ago.
- try talk to some uncle in their 40s or 50s. during 80s , early 90s, very easy to make money in spore, now. dont talk about making money, barely surviving to meet end needs.
4 education.
- how many of you singaporean been force to pay higher fees to study in oversea because you are deprive of a chance of local education. why? are we not qualify? no because not enuff vacany in local uni. why? before SMU, many opening in NTU and NUS are occupied by Indian from india, chinese from china, Malaysian from malaysia. because they pay high fees and some even FOC because they are talent and we singaporean or second priority.
3. Take a look at countries with comparable standard of living. You will notice that the property price is no different or higher in other countries. There is more than to simply saying lower the property prices.
4. And end up like Phillipines? University Graduates working as maid here? Nowadays, there is already too much University Students who clearly are not good enough. That said. There are also those who are good enough being rejected from University. The entrance criteria needs to be reviewed.