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Old 18-08-2019, 03:05 PM   #2176
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If the price drops beyond 25%, it won’t be your own problem anymore, it’s a nation wide problem.
But prices rise beyond 25% is not a nation wide problem right? In fact, it is logical and expected and should be the case right?
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Old 18-08-2019, 03:08 PM   #2177
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HDB/EC price more resistant to drop lar
cos not so inflated from the start mah
and gov won't confiscate HDB flats de,even allow delayed payment for those in difficulty
Hdb does not rise much also does not fall much. Itís basically a safe entity which only fall during a recession.
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Old 18-08-2019, 03:28 PM   #2178
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Some people assume that many in private properties have 'overstretched' their budget
and get into financial trouble during a downturn.
Just because they pay $1-5 million for their private properties ?

....... gov won't confiscate HDB flats de,even allow delayed payment for those in difficulty
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Old 18-08-2019, 03:32 PM   #2179
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Moderate rise over a period is fine and the wish of all govt & citizens.
And your hdb flats a few years later.

Look back 10-30 years & see how many times 25% have Singapore properties risen.

But prices rise beyond 25% is not a nation wide problem right? In fact, it is logical and expected and should be the case right?
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Old 18-08-2019, 03:50 PM   #2180
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Some people assume that many in private properties have 'overstretched' their budget
and get into financial trouble during a downturn.
Just because they pay $1-5 million for their private properties ?
i don't know how many is many
but i believe there are more who if get retrenched would have to sell flat than not
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Old 18-08-2019, 03:58 PM   #2181
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Usually it is the commission hungry agents that psycho buyers to overstretch their budget to buy more properties.
you think many people have a stable $3M porfolio generating 10% passive income to pay for mortgage $300k yearly?
most people are jut house slaves using active income to pay for bank loan lifelong
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Old 18-08-2019, 04:05 PM   #2182
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You are such a jealous man

you think many people have a stable $3M porfolio generating 10% passive income to pay for mortgage $300k yearly?
most people are jut house slaves using active income to pay for bank loan lifelong
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Old 18-08-2019, 05:49 PM   #2183
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Give you a tip.
Housing loans are the cheapest bank loans most of us can get.
I would not be surprised many could have paid cash at 1 go for their homes.
But yet maximise the home loan but make more keeping in CPF / REITs /stocks /bonds.

They are not your perceived house slaves.

most people are jut house slaves using active income to pay for bank loan lifelong
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Old 18-08-2019, 05:54 PM   #2184
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Give you a tip.
Housing loans are the cheapest bank loans most of us can get.
I would not be surprised many could have paid cash at 1 go for their homes.
But yet maximise the home loan but make more keeping in CPF / REITs /stocks /bonds.

They are not your perceived house slaves.
simple maths who don't know?

your many is how many % of population?
i tell you confirm <20%
i call it minority
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Old 18-08-2019, 06:04 PM   #2185
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Give you a tip.
Housing loans are the cheapest bank loans most of us can get.
I would not be surprised many could have paid cash at 1 go for their homes.
But yet maximise the home loan but make more keeping in CPF / REITs /stocks /bonds.

They are not your perceived house slaves.
Mine is a small development & old place. About 15% to 25% of them had paid off and holding their title deed.

JSK.
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Old 18-08-2019, 06:09 PM   #2186
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A couple making $1.5k overstretches even getting a 4-room hdb flat.

Many medium income families are making >$15k.
<$1.5 million homes are the most popular or ABSD/LTV limit for many.
Are they overstretched or scammed by the agents?

Usually it is the commission hungry agents that psycho buyers to overstretch their budget to buy more properties. And it is the entry level, mass market condo buyers like most of us here that usually suffer the most.
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Old 18-08-2019, 06:13 PM   #2187
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The CPF/REITs/bonds/some stocks definitely beat the cost of the housing loans.

Of course there always be some who prefer debt free / fearful of another Hyflux /Noble.

Mine is a small development & old place. About 15% to 25% of them had paid off and holding their title deed.

JSK.
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Old 18-08-2019, 06:17 PM   #2188
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A couple making $1.5k overstretches even getting a 4-room hdb flat.

Many medium income families are making >$15k.
<$1.5 million homes are the most popular or ABSD/LTV limit for many.
Are they overstretched or scammed by the agents?

and someone says would not be surprised MANY could have paid cash at 1 go for their homes wor,But yet maximise the home loan but make more keeping in CPF / REITs /stocks /bonds.

should i also say i think many people monthly salary more than ice-cream uncle $30k?
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Old 18-08-2019, 06:28 PM   #2189
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The agents can try but Absd/tlv are the deal stoppers.

Buy 1 is fine. But agents want you to buy more !
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Old 18-08-2019, 06:30 PM   #2190
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Any of you keep CPF OA inside earning 2.5% interest just use cash to pay for mortgage har?
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