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Old 11-07-2013, 11:45 AM
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Quote:
Originally Posted by currents ityngg View Post
You're so lucky that your house price is increase by 10x. But I have a question to you. How are you going cash out those $800k and still maintain the same standard of life? If you sell it out you also need around $800k to buy a new one for you to live.

So that's the reason why "net worth" should not include your primary resident, and your debt.
he and wife combine have $2mil cash / CPF, cash out the $800k house for what?
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