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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But u r right, lucky to be born in an earlier era. The baby boomers before me even better. My dad with only P6 equivalent Msia qualifications could support a family of 5, let me and sis go to uni and let my mum be a housewife with comfortable retirements fundsmafter he left.
It is getting tougher with each generation now.
Hence, I hope I can use my landed proceeds to help my 2 boys in future.