Quote:
Originally Posted by Unregistered
Early 50s, earning $160k pa combined.
Two bedroom condo, paid up. Debt free.
Combined net worth $1.4m.
Is this considered mid or upper middle class?
Thanks.
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You are clearly UPPER middle class because you own a private property.
Only the TOP 20% of the local population lives in private property.
80% lives in
HDB public housing.
Well done. You’re very successful.
Where you live determines your social economic status.