[Ola]

actually, it is not the GST hike that hurts

what hurts is everyone's jacking up the prices even before GST hike during 2020 and 2021 when COVID was at its heights, and also now when everyone is jacking up the prices further due to international factors

then companies are cutting cost, turning stingy, no increment no bonus whatsoever, when you find jobs all the unprofessional HR dont give a fk about your work experience, only want to suppress your salaries to help the companies save cost, give you maximum 10% on top of your last drawn is already super benevolent

TWO major mthly costs in companies P&L

a) Office rental 

b) Salary of employees

Cannot cut rental so they cut our salary, lah.

That is why Property Market boom all the time even during recession.