Quote:
Originally Posted by Unregistered
I think you are lucky to be born in the right era in Singapore.
Nowadays if your monthly household income for couple is 7.5k, you will struggle even in daily expenses, let alone consider landed property.
Median household income nowadays is around 5.1k (so couple is 10.2k), even with that income, I think wil struggle with condo
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Our HHI prob about S$13k plus after considering
CPF, annual bonus and share options, rental and US shares and dividends. So not really S$7500 and will be S$17k after getting full reg.
But it is tough, hardly any savings every month now cause I am not that frugal. And somehow always have unexpected expenses every mth. Having 2 boys also is a big cost as have to buy them Apple handphones and PCs and laptops and a 9k invaslign braces for my elder son (ouch).
That's why decided to invest in landed for its property appreciation potential.