It is precisely because of the S'pore Govt's policy to artificially grow our population that the cost of living has skyrocketed. The prices of goods and services will rise when a country becomes overpopulated. S'poreans have witnessed this first hand. As our population grows, so does the demand for food, housing, cars, energy etc. which pushes prices up. Overpopulation leads to scarcity of resources as our land is limited; growing enough food for a larger population becomes more difficult, and drives up prices. A larger population means more people (including foreigners) competing for jobs, which leads to lower wages and higher unemployment rates. This in turn affects the cost of living. Overpopulation will strain SG's infrastructure i.e. roads, public transportation and healthcare systems. To accommodate a larger population, the Govt needs to invest in new infrastructure, which can increase costs for consumers. Overpopulation creates upward pressure on prices.
