Quote:
Originally Posted by Unregistered
We are in our late 30s and we just bought a condo for $1.1m, taking a loan of $800k. Our combined annual income is $120k and we will have to service our mortgage for many years till we retire. We take MRT to work. We can afford to save only $20k pa. We hope we can still work for years to come. |
that's a very huge loan and your combine income with your spouse is not that much.....I just reached 30s and single and my annual income alone is about half of you have and i wouldn't in my wildest dream will be getting a condo even if i doubled my salary because the squeeze will be too much...
my 2 cents.