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The economic model of S'pore is divided into a 2-tier system:
1. The Elites - Expats, landowners and govt-linked developers who thrive on skyrocketing asset values and structural efficiency.
2. The Citizens - Average S'poreans who work longer hours trapped between stagnant wages and an escalating cost of living.
This disparity is the product of a system designed to maximize land value, safeguard rental yields and secure state revenue at the expense of the well-being of its own citizens.
1. The Elites - Expats, landowners and govt-linked developers who thrive on skyrocketing asset values and structural efficiency.
2. The Citizens - Average S'poreans who work longer hours trapped between stagnant wages and an escalating cost of living.
This disparity is the product of a system designed to maximize land value, safeguard rental yields and secure state revenue at the expense of the well-being of its own citizens.