Never mind rising rentals...

Singapore voted best city to live in for expats inspite of complains by locals of rising costs and housing. Looks like the increasing cost is not a problem to the foreign talents. Time to raise rentals higher as the foreigners don't mind. I think the foreign students also won't mind. After all Singapore is still cheaper than other western countries and these students are probably quite rich. And for those who aren't, they are probably recipients of scholarships. High prices good. High rentals must also be good. They are paying for quality.