Are we in an affordability crisis?
Wage growth in many countries has outpaced inflation. So where is the anxiety coming from?
Add BT as a preferred source
“FAMILIES are hurting, people are angry,” warned International Monetary Fund managing director Kristalina Georgieva.
Yet, European Central Bank president Christine Lagarde pointed out that real wages in many economies have recovered to, or even surpassed, pre-pandemic levels.
Both statements can be true. And together, they trigger today’s affordability debate.
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully
