Segue wrote:nutnut wrote:So how?
Is this just a FYI?
Just to start a dialog
I'm always wondering how the locals survive. I make pretty good money but still I have to sacrifice a lot to be here relative to my lifestyle when I arrived here 7 years ago. I mean I can just one day pack up and leave this place when I'm fed up with it, but most locals are kind of stuck.
It seems you really have to be in the high paying sectors like financial services to afford a decent lifestyle. Either that or be independently wealthy like a Jim Rogers. I remember the vision that Singapore wanted to become the Monaco of Asia. I think they have achieved this goal.
Not that difficult. If you are talking about the rich, they have no problems as they own the
condos that you guys rent and are the direct beneficiaries of the rise in cost that you are talking about. They own the mercs and beemers which many of the rich expats too dont get to enjoy because they always compare relative to their country driving here is expensive so they take the MRT.
If you are talking about the middle income ones, again, they get HDBs for cheap and mostly stay with their parents and rent out their HDBs to the non expat foreigner workers like us. Most of them own cars and again they are better off than you guys on that regard
The lowest strata, again, housing no worries, but yeah they slog like hell and these guys are unhappy, but then which country doesnt have a sizeable population living is relatively lower quality of life, other than Switzerland may be