Singapore Households, 1/6 have a net worth of $1m

[Hortical]

One in six households in Singapore have a net worth of $1m, reflecting the flow of wealth eastwards as the centre of global economic activity shifts to Asia. With low taxes, a reliable, corruption-free government and protective private banking laws, the world's ultra-rich are flocking to make Singapore home, giving it the highest percentage of millionaire households in the world. While the rich have fun, locals are struggling to keep up with the rising cost of living | http://aje.me/10wIY93



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Over to you PSM

[Rockman]

Wow,the real Singapore.

[Muadib]

The Real Singapore ??

As opposed to what ?

lol !

[Muadib]

Gentrification on a National Scale !

Impressive..

Good ting Malaysia and Indonesia near by for them to migrate tuh.. we have a similar situation in Jamaica except we lose our best and brightest..

[Islandman]

Impressive indeed. I wish Jamaica had this problem.

[Muadib]

The problem is compounded by the lack of land space..

In Jamaica when you cannot afford to live in Kingston, you move guh Portmore or St. Catherine.. problem solved..

[Willi]

Why you hiding yuh head in the sand?