personally, i think that the example is flawed...
sure the flat cost about what is quoted, however, your salary
does not remain stagnant, plus there's the CPF contribution.
also one can choose to move, upgrade, or downgrade.
staying in Malaysia.... well, the best solution is to work in
Singapore and stay in Malaysia.
however working in Malaysia and staying in Malaysia, the problem
is not very different, cheap housing? perhaps, but low salary, and
no safety and security.
how many Malaysians have you heard of, coming to Singapore to
work vs how many Singapore have you heard of, going to Malaysia to
work....all on local payscale?
Salary increase is not in proportion to the increase in prices
and gst. Prices and gst increases much more than your wages
espically with the influx of foreigners, why should bosses give you
pay increment when he can get cheaper foreigners to work for
him?
For a family consisting of kids, husband and wife they need at
least a 3 room flat to stay for so many people.
So what flawed downgrading are you talking about?
From a 3 room flat you want to downgrade to a 1 room flat and
squeez in the husband, wife and kids to stay together?
Totally nonsense.
Wake up your idea!
