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Elisabeth Lim : "Singapore really too expensive for people now"

This is a problem of the PAP's own making. Overcrowding causes too many people to chase after too few PMET jobs, homes, COEs etc. The price of everything skyrockets. Jobs become unstable. The mental health of S'poreans suffer. Meanwhile, the politicians responsible for hyperinflation give themselves a raise.
 
This is a problem of the PAP's own making. Overcrowding causes too many people to chase after too few PMET jobs, homes, COEs etc. The price of everything skyrockets. Jobs become unstable. The mental health of S'poreans suffer. Meanwhile, the politicians responsible for hyperinflation give themselves a raise.
Rent seeking government
 
S'pore's economy is heavily influenced by the property market. Real estate has a major role in driving this growth. Our property market was around $59 billion in 2024. Annual compound growth rate is estimated at 6.5% from 2025 - 2030. The govt owns 90% of the our land and provides HDB housing for more than 80% of the people.
 
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