In my previous articles I have written about inflation.
But I was shocked with the very high prices of everything in Manila.
I had difficulty understanding what happened.
My friends and my daughters have different explanations.
Even my Grade 7 Fiona she can explain what caused such price increases!
The price of rooms for rent.
Four years ago, we rented one room at a second floor of an apartment.
There were only two rooms on the same floor.
I paid P6,500 (about $125) a month.
There was a mini room within the room.
There was a living room.
Nowadays the rent of a very small room as in a micro room with only a double deck bed and one wall fan is P13,200 (about $255).
A studio type room, my daughters told me, the charge is P1,800/head per day (around $35).
For the three of us to stay there, it would cost us P5,400/day (around $104).
A whopping P162,000 (around $3120) a month.
It’s not a hotel. Not also an inn or lodge. Just an ordinary room.