Rental increase 300%

[Carpools]

I was charge $4++ for mix veg rice (2 meat 1 veg) in a hdb coffeeshop. Use to be $2.8 to $3.2 (the most). Inflation so fast! Damn when my boss give me a salary inflation also?

[Chucky2007]

Actually it is $ printing that causes the problem. The rich sees the opportunity and invest or gamble* or whatever you guys called it and make $ roll bigger, the poor and average Singaporeans who just go to work and earn $, being an employee will just be squeeze out in the market and opportunity due to no much $ to make $ grow in the 1st place. Some lucky ones do get super rich for once being poor, and that oppopunity do comes by but that is really unknown until the person tried it out and works for the person.

 

* What I mean gamble is not go casino gamble but more of put a lot $ into certain opportunity but with unknown whether they can make it not? If they can't make it, there goes the $, but if can make it, they really make it big. It's more of taking risk opportunity,

 

That is why the income gap between the rich and the poor is getting wider and wider.

Haha interesting thought from u.

 

Opportunities come to everyone at least once in a life time.. it's how one seize it.

 

If average hardworking middle class don't buy lifestyle products like branded goods and big tickets items like cars, and saved up the thousands and tens of thousands or hundreds of thousands... And invest the time in self learning financial wisdom through books, lessons and spend time with financial savvy people.. and not waste time surfing internet, kpkb, play FB games like candy crush all the time.. and when another AFC, 911, 2008 event, 2010 Europe crisis comes, sure double or trible up.

 

The best way in life is not to envy or be jealous, but be humble and be keen to learn. Time waits for no man. Every post one makes on MCF, or play one more game of Candy crush is time gone...

Edited September 9, 2013 by Chucky2007

[Rubywinniesmurf]

scary. I think only TPY hawker still selling mixed rice for $2. 2 meat + 2 veg(inclusive of fish)

[Zniper]

and where is the ministar who spoke of helping SMEs and giving them a helping hand? increasing rent by 300% is a form of helping hand?

[Fcw75]

They have helped SME a lot liao. Rebate in road tax, no increase in rental, SME rebate scheme, PIC scheme.

[Nzy]

scary. I think only TPY hawker still selling mixed rice for $2. 2 meat + 2 veg(inclusive of fish)

 

At lorong 7 right? 2 meat 2 veg $2.40. The hawker centre and one coffeeshop there selling at this price.

[Lala81]

The best way in life is not to envy or be jealous, but be humble and be keen to learn. Time waits for no man. Every post one makes on MCF, or play one more game of Candy crush is time gone...

 

Oops should post less then

 

[Ngck]

last time my work place the coffee shop rental 48k from main tenant

 

the sell kway one $5000,chicken rice $8000, zhi char $15000

 

still can survive after 9 years

 

8k for a stall is is consider expensive?

[Hydrocarbon]

Haha interesting thought from u.

 

Opportunities come to everyone at least once in a life time.. it's how one seize it.

 

If average hardworking middle class don't buy lifestyle products like branded goods and big tickets items like cars, and saved up the thousands and tens of thousands or hundreds of thousands... And invest the time in self learning financial wisdom through books, lessons and spend time with financial savvy people.. and not waste time surfing internet, kpkb, play FB games like candy crush all the time.. and when another AFC, 911, 2008 event, 2010 Europe crisis comes, sure double or trible up.

 

The best way in life is not to envy or be jealous, but be humble and be keen to learn. Time waits for no man. Every post one makes on MCF, or play one more game of Candy crush is time gone...

 

QFT.. But the middle class see what the rich have, aspire to have the same, and buy the same / similar liabilities before investing mah. Then, no assets to generate extra cash flow, just suck thumb during recession lor..

[Djim]

I wondered who is the landlord for the 300% increased

[Wt_know]

dig out an old thread ... here is another casulty

 

https://sg.news.yahoo.com/rising-rent-worker-shortage-threaten-rich-asia-food-112645595--sector.html

 

The eatery run by Yip Chan Yuk Ying, a Hong Kong-born Singapore citizen, shut its doors on Monday after its landlord jacked up its monthly rent by 46 percent to S$12,000 ($9,600) from S$8,200.

Edited April 29, 2014 by Wt_know

[Jman888]

dig out an old thread ... here is another casulty

 

https://sg.news.yahoo.com/rising-rent-worker-shortage-threaten-rich-asia-food-112645595--sector.html

 

 

 

posted here before.

 

http://www.mycarforum.com/topic/2693818-hk-jin-tian-roasted-pork-closing-down/

[Wt_know]

thanks ... i have a feeling it was posted but can't find the thread

use the wrong keyword to search ... you da man

Edited April 29, 2014 by Wt_know

[Mockngbrd]