Tuesday, June 17, 2008

About this Blog

Impact of Inflation on wages

Inflation erodes real gains in wages

WAGES here have risen by close to 11 per cent, the highest in almost a decade. But the impact of soaring food and fuel prices meant that for employees in manufacturing, transport and administrative jobs, their real wages - pay minus the effect of inflation - actually fell.

- Zakir Hussain Tue, Jun 17, 2008 The Straits Times

May also want to read:
History of Singapore Property 1960 to 2008
Buy or Not Buy: How to decide amid mixed market signals
Smart Buyers, 10 reasons to wait
Property Price Index Graph Plotter & Online Property Valuation


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Dear visitors:
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The blogger here has been affectionately named by close allies as "Smart Buyer" but really, he's not smart. Smart Buyer just believes that being prudent is smart. That's the essence of the message of this blog and Smart Buyer hopes it'll benefit other property buyers.

Smart Buyer :)