Agreed.malcontent wrote: ↑Wed, 23 Dec 2020 10:23 pmMost in Singapore have large exposure to the property market. The idea of owning a home worth 7 figures is rare in most parts of the world, but it’s common here.
Since 2008, the low interest rates have made it a no-brainer to buy rather than rent. My monthly interest expense over the past 10 years has been about 20% of the rent I’d have to pay for the same unit.
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