Economics - The World's Richest City

Singapore is a playground for the mega rich the place to park their wealth. As people get more affluent, they want to look at more luxury items, better homes, better cars, and better yachts. Billionaires, tycoons and big foreign firms are drawn there by the low taxes, stable government and protected banking lords that keep their accounts secret. Singapore will be the location where people custody their assets. But with the rising costs of living, many Singaporeans are struggling. They have one of the most expensive public housing in the world. The core issue is that Singaporeans are finding it increasingly difficult to compete for jobs. So, who really benefits from living in the worlds richest city? Truly, Singapore is becoming one of the most important hubs. There are a lot of new clients, entrepreneurs and high-net worth individuals, which are just now thinking that a boat, a yacht, can be part of their luxury living. Forget jets and limos if you want to travel in style. The dazzling array of super-yachts are the draw cards, here. They can even be charted for a cool $50,000 a week. This provides you a platform to have the time of your life. People are now becoming more aware of their surroundings, and who would argue that Southeast Asia has some of the most beautiful coastlines in the world. Asia is now developing into the next level of pursuing more leisured expectations. Its probably a current continent where