I asked DeepSeek : Why cost of living in S'pore rose so much ?
#1

Below is the answer ....most serious ones  caused by PAP policies....

Our leaders bullshit to blame everything on external causes is exposed


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The cost of living in Singapore has risen significantly over the years due to a combination of factors. Here are some of the key reasons:

1. **Limited Land and High Population Density**: Singapore is a small island nation with limited land resources. The high population density drives up the cost of real estate, both for residential and commercial properties.

2. **High Housing Costs**: The demand for housing in Singapore is high, and the government's efforts to manage land use and housing supply have led to significant costs in property development. Public Housing (HDB flats) and private housing both contribute to the high cost of living.

3. **Global Financial Hub**: Singapore's status as a global financial hub attracts a large number of expatriates and foreign investors. This influx of wealth increases demand for goods, services, and housing, thereby driving up prices.

4. **High Standards of Living**: Singapore offers high standards of living, with excellent infrastructure, healthcare, education, and public services. Maintaining these standards requires substantial investment, which is reflected in the cost of living.

5. **Import Dependency**: Singapore imports a significant portion of its food, energy, and goods. Fluctuations in global prices and the cost of transportation can lead to higher prices for these imported goods.

6. **Wage Inflation**: As the economy grows and the demand for skilled labor increases, wages have risen. Higher wages can lead to increased costs for services and goods as businesses pass on these costs to consumers.

7. **Government Policies**: Certain government policies, such as the Certificate of Entitlement (COE) system for vehicle ownership, contribute to high costs. The COE system limits the number of vehicles on the road to manage congestion, but it also makes owning a car very expensive.

8. **Global Economic Trends**: Global economic trends, such as inflation, currency fluctuations, and changes in trade policies, can also impact the cost of living in Singapore.

9. **Tourism and Retail**: Singapore is a major tourist destination, and the retail sector caters to both locals and tourists. High demand for retail space and goods can drive up prices.

10. **Education and Healthcare**: While Singapore offers high-quality education and healthcare, the costs associated with these services can be significant, especially for private education and healthcare options.

These factors collectively contribute to the high cost of living in Singapore, making it one of the most expensive cities in the world. However, the government also implements various measures to help citizens manage these costs, such as subsidies for public housing, healthcare, and education.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

LKY said before " WHAT FREE , WHAT FREE Medical , Free transport " Look around you who build this...

Well he said is true , obviously Govt itself DON'T have money of its own. Is all from Tax Payer money, from the people. Those profits also have to depend the Govt their people able to invest well.

Last time yes I have to admit Under LKY , his party PAP do profits a lot roll from Taxpayer money

BUT UNDER LHL IS ALL LOSING FOR SURE , EPIC HE IS PRO TO INDIA OF COURSE GET SCREW.

LKY NEVER Invest so much on India , he invest more on China and USA , he know end of the day no matter what USA and China is the World leaders.
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