$400k to $500k for 344 sq ft pigeon hole
The housing developers were bragging about the mad rush for 344 sq ft of pigeon holes and buyers willing to cough out $400k/$500k for it. And motor insurance of $2000 pa or about $200 pm, much more than the instalment payment of a OPC. Then $4/$5 for a bowl of noodle. Are these what we called progress, better off than yesterday? Why would people work so hard to earn $500k only to live in a little pigeon hole and feel that their quality of life has improved? What the shit to pay $200 pm just for protection to drive a car and may not even need it for the next 30 or 40 years, but keep paying? Then at $5 a meal and 3 meals a day, it will work out to $15 base. That is $450 min pm. Squeeze to bare minimum, it will still need $300 pm just to eat alone. Shouldn't someone tell those who are jobless and on public assistance to do the natural thing, which is practical, pragmatic and more dignified? We are getting poorer for sure, when our money is buying lesser and lesser things. And we called this progress? But everyone clamouring for more expensive housing as a good thing. Everything must be expensive than can be good. We can afford to pay and pay. 5 years ago I bought a flat TV for $5k. Just bought one for less than $700, and better in quality and features. Oops, I must be wrong. The cheaper one must be of poorer quality. Both are branded Japanese made. We are going crazy or becoming stupid to believe that things will get better at the way cost of living is allow to runaway uncheck.