Quote:
Originally Posted by Unregistered
Nothing will reduce the cost of living in Singapore.
That's not how COL works at all. It doesn't matter if any of the things you listed change or didn't change. Prices will always go up, that's how it has been for the last 4-5 decades and how it's been for every 1st world country in the world.
It's literally one of the reasons why people say don't just save up cash, invest in stuffs etc because your 100k savings today will have it's spending powers reduced 10 years from now.
100k today isn't the same as 100k in 1980s, likewise it won't be the same in 2030, 2040, etc.
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Ayam penyet that i always ate.
Last month : 7.50
Now : 8.90
When
gst hike 1%
Coffee shop raise 20cent in the drinks
High COLs will remain, coz business owners are greedy too!