Are Food prices going up?

[hanzohattori]

I think this one also partly because some Singaporeans are trading commercial property/coffeeshop stalls etc. Everytime the property switch hands, the owner want to raise rental, because the seller sell him at high price. Keep doing this, and the rental gets ridiculous.

its not yet ridiculous now ? :bsmilie:

 

[Zenten]

My usual char siew rice stall increased the price from $3 to $3.50. Now is $4.

Will cheap oil price lower down cost of living?

Yes .... only if they allow the use of gutter oil .... :bsmilie:

 

[brapodam]

its not yet ridiculous now ? :bsmilie:

Yeah it's already ridiculous now, I was just explaining how it happened.

 

[ArchRival]

Well that's life for hawkers too.. if your food is "no horse run" everyone come from near and far to eat it and you can decide to charge as much as people are willing to pay you. You have just as fair a chance to make it big, own big house and car too be it you are a hawker.

If you are a lazy hawker who keep cooking the same average standard fare or worst have no real passion for it but take over from your parents, your standard over time drops, use inferior ingredients and take less care to improve or expand your range of dishes then you will see patrons disappearing. No different from anyone else seeking to succeed in a modern corporate environment. Everyone from top to bottom has to face the possibility that mediocrity can happen to anyone. heheh.

How many times have we come across great hawker stall that cook so nice we would travel across the island to eat and even if they raise their prices, we bitch but yet we keep patronizing them. heh

Not true. Nowadays even if your food is 'no horse run' and your customers travel x-country to visit your stall, your landlord will simply up your rent so you only break even. You work hard to build your recipe and brand, but the reward will be sucked away by the landlord.

Hong Kong Jin Tian Eating House is closing down at the end of this month. We stop by to chat to the chefs about one of the best roast ducks in Singapore.
Another victim of soaring rents in Tiong Bahru, Hong Kong Jin Tian is ceasing business at the end of April. Very soon, the hipster neighbourhood may just be left with bakeries and cupcake joints.

-http://www.hungrygowhere.com/gallery/another-tiong-bahru-eating-house-is-closing-down-*gid-8e3f3101/

 

[Sion]

I think this one also partly because some Singaporeans are trading commercial property/coffeeshop stalls etc. Everytime the property switch hands, the owner want to raise rental, because the seller sell him at high price. Keep doing this, and the rental gets ridiculous.

This is where the govenment can come in to create commune where common folks can cook and share food and clean up keeping prices low or almost free:

 

[petetherock]

IMO
It has more to do with greed and raising rents than raw material prices ..

climate change around the globe will cause poor harvests, resulting in lower food supplies and disruption in food chains, since supply is lower and demand is ever rising, food prices will be impacted.