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Price hike ripple effect: A personal experience


Latka
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Jul 15, 2011

 

Price hike ripple effect: A personal experience

 

IN HIS letter on Wednesday, Mr Edward Teo said that when a basic necessity such as public transport attracts a fare hike, there will soon be a chain effect of other increases ("Worry over fare hike ripple").

 

I find this to be true. For instance, the last time I complained and asked my neighbourhood hawker why she increased her food prices, she pointed to the rise in train fares. Once hawkers increase their prices, they will not reduce them, even when their costs go down.

 

This is not the right time for public transport companies to chalk up higher profits, especially when we are still struggling with high inflation.

 

Joan Chng (Madam)

 

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Workers need to take transportto work right?

So have to increase their salary to cover the expensive taxi and MRT. Boss has to raise prices.

 

There is inelastic demand when it comes to hawker food.

As long as you are not rude, people will still eat at your stall no matterhow much you increase price.

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at the end of the day, really find money very small nowadays. years back, i rem drawing $40 from atm can suffice me for a week but now [bigcry]

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at the end of the day, really find money very small nowadays. years back, i rem drawing $40 from atm can suffice me for a week but now [bigcry]

 

hahahhahah

sounds like me.

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(edited)

come to think about it

every1 is entitled to price increase

 

except poor hawkers in tin tin estate... (or somewhere near)

kena con to keep price stable

Edited by Sk65
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come to think about it

every1 is entitled to price increase

 

except poor hawkers in tin tin estate... (or somewhere near)

kena con to keep price stable

 

If the hawker centre at Circuit Rd is under her estate, they just talk to make her happy oni. Maintain price but portion shrink.

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at the end of the day, really find money very small nowadays. years back, i rem drawing $40 from atm can suffice me for a week but now [bigcry]

actually quality of life really gone up...

 

but ironically life has become more difficult.

 

w/o most knowing.

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Tell Joan Chng to go sell her backside lah...

 

See how much she is worth...

 

If she thinks public transport is TOO costly..

 

Tell her to go see what the new car prices are selling...right NOW! :D

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Turbocharged

Tell Joan Chng to go sell her backside lah...

 

See how much she is worth...

 

If she thinks public transport is TOO costly..

 

Tell her to go see what the new car prices are selling...right NOW! :D

 

Public transport price increase. COE price increase. Back to basics, WALK!

 

Sekali later Nike price also increase. <_<

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Public transport price increase. COE price increase. Back to basics, WALK!

 

Sekali later Nike price also increase. <_<

 

 

we still have new Balance!! freeee -_-

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Public transport price increase. COE price increase. Back to basics, WALK!

 

Sekali later Nike price also increase. <_<

 

 

we can get those MIC brand, Abibas or Niker [laugh]

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Public transport price increase. COE price increase. Back to basics, WALK!

 

 

新加坡人,能屈能伸! ^_^

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Actually the main culprit is RENT !!

When RENT increases, your hawker food also goes up.

There are still cheap food in Singapore if you know where to look. These are the folks whom own the stalls themselves, so they are not at the mercy of those greedy landlord.

Just avoid those coffee shops consortium at all cost - These are the blood suckers!

 

[knife]

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