[OC] Housing has become increasingly unaffordable in Singapore, more so than in other high-cost citiesNewmanuel t1_ivzt7x7 wrote
Reply to comment by niknah in [OC] Housing has become increasingly unaffordable in Singapore, more so than in other high-cost cities by earthlymonarch
average salaries is a very distorting metric, particularly in high cost cities that house many of the ultra rich. I live in NYC and 6.1k/mo after tax is not an average salary here (thats like 120k annual pre tax). If you look at the median income in most neighborhoods, youll find that outside of a few strips of manhattan and the prospect park area, its somewhere between 35-70k.
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