Quote:
Originally Posted by Unregistered
Buy property for own stay is ok because you need to have a roof over your head.
Buy for investment not advisable as there is an oversupply in the market.
With all the en blocs, there will be more oversupply in the future.
With less immigration and less foreign workers, there will be more supply than demand for property for you to rent. Your property can be empty for a very long time.
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Agree... And we also got to be able to weather the market correction in the near future. However we felt that it's really quite a pity to sell the
HDB as we got it cheap and at a potential location to fetch us some rental.
As with investment, it's also quite a bad time to start and the extra funds we have are just depreciating...
Reading this thread seriously made us envy how fellow finance people built up their portfolio having such high nett worth! Perhaps those times are over, not?