High cost of living :(

  What are the possible consequence of high cost of living in Singapore?

The possible consequences are that people will start migrating to other countries cause their cost of living are a lot lower that ours. When Fast and Furious 7 came out, Vin diesel and the crew came to Singapore for an interview, us the Singaporeans asked him to guess the price of cars in Singapore. We told them it was $100,000 for a car and we still have not add the COE and they're were like " WHAT THE HELL, that can easily get you a sports car or lambo back in the states or 2 of the same car!" 

Judging by their response even I will migrate to other countries if I could, the price of our 3 room flats can also easily buy a terrace in their country.

The other possible consequence can be that Singapore still can continue robbing more money under broad daylight because Singaporeans know that it will be difficult to migrate and the things we have now is very fortunate and we will continue staying here and paying more money even though we know we are at a loss.