The 4 main reasons for the cost of living pressures:
Concerns of young families worries of sandwiched generation lifestyle changes price increases. The rate of change in terms of salary and income feels as though it will never be able to catch up with the cost of living. On housing cost: 80% of Singaporeans live in a HDB. Singaporeans can pay for downpayment with their CPF. PM Lee believes that 99-year HDB lease is long enough for flats to retain substantial value, and act as a good retirement nest egg for most Singaporeans. Should any Singaporean living in a HDB, have to return old flats at the end of the lease, the government will...< BACK TO MAIN BLOG 19th August 2018 Turns caffeine into digestible finance content. You can contribute your thoughts like Ming Feng here. TL;DR – National Day Rally 2018. Things that matter to Singaporeans
