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Old 08-07-2021, 05:30 PM
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Thumbs up It's Official! MAS Chief Chettiar Agrees That Buying Property Is The Best Way To Grow

An honorable member of the Coffee Shop Has Just Posted the Following:




Rising property prices a key factor in widening the wealth gap, MAS chief Ravi Menon said
Wealth inequality can undermine meritocracy, he added

He also warned about the risk of hereditary meritocracy and said that Singapore should avoid reaching that stage
Meritocracy is still the bedrock of its society and it just needs to be retooled


SINGAPORE — A key driver in worsening wealth inequality in many parts of the world is the rising price of property...

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