Recently, quite a few blog posts on this topic - Is Property Affordable?
IMHO, having to take a housing loan of 25 or 30 years and stretching the loan payment way beyond into 50s and 60s is already a sign of that person struggling hard to afford that "choice" piece of property. The real problem of affordability lies with the "choices" e.g. a 4-rm HDB BTO in Punggol may cost $277-$300K and may need only 15-20 years housing loan and can be fully paid before 50s.
Posts
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
1 month ago
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