Triple desperate. And no. I am not talking about desperation for opposite sex. I am desperate for money, for job, for a decent place to stay at reasonable price.
All of them seems to be making a good job of being invisible to me now. I am starting to feel the pinch of rising prices after much talk from other people.
The rental prices of HDB units in Singapore is really unaffordable. 3 working professionals in singapore (excluding me since I do not have a job yet), have been trying unsuccessfully to search for low cost hdb to stay in and cannot afford middle class hdb. This is outrageous since their pay is at worst average. If average wage worker have to find a place to stay in low cost hdb, I wonder where those who lives in low cost hdb should go. The most impossible thing is that low cost hdb prices are edging closer to middle class hdb. High end hdb on the other hand edging closer to condo prices.
Add to that is the existence of numerous desperate people seeking to rent a place. One viewing of a unit for rental easily draws more than 5 groups of people. The worst thing is that the condition is not acceptable with most noticeable defect in the toilet. And the same unit was posted for rental again after the viewing without any decrease in price. and there are more and more units up for rental for shorter period. Many people are taking the chance to go out station for holiday funded by the high rental income?
The poor working class have to suffer. Running around like clueless strays hoping for a affordable place to stay. While at the same time, prices of everything is rising making people poorer with same income. I suppose it is a global phenomena. I just wonder when, if ever, people will get a reprieve from this.