MS BA, I don't argue against your point. Cost of living including accommodation are pushing upwards in Bali but can't help comparing with Australia. A taxi distance here for $10 would cost $60 in Australia. Tens of thousands of people who have lived for years in rented houses or flats are being priced out of a place to live. People living in tents, vans, cars and on the streets. The costs for utilities like gas and electricity have gone through the roof along with food stuffs. Even lesser cities such as Darwin now have median house rental price at $600 a week and $590 a week for a unit. Renting a room in a share apartment can be upwards of $300 a week.
Again, I don't argue that Bali is overrated but at least can still live comfortably here on the pension rather than live in poverty in Australia
Meanwhile Australian governments respond to the crisis with plans for increased housing that will not bear fruit for another 5 years or more. The Reserve Bank is still allowed to try and control inflation by raising interest rates which impacts most those on lower incomes.
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