I would say you are making the right choice, I live in a fairly sized landed property with my family and parents. The space it provides makes it ideal for a large family, if you its just you and the wife having more space is quite a hassle (and empty). Not to mention cleaning, repairs etc which come with landed properties.
If I stayed with just my family I would likely pick a condo to reside.
I'm in your shoes as well long hours, politics etc. I would say knowing you can break out anytime with no obligations is a peace of mind.
If you are looking at this from an investment perspective maybe pickup a investment apartment/condo instead.
Life won't go on forever, take it easy on yourself
Quote:
Originally Posted by Unregistered
My wife and I are at a cross road in our lives and career when we both hit 45 this year. We are both very exhausted from the long hours at the office. We were contemplating whether to upgrade from our paid up condo to a landed but that means we have to work for another 10 years to clear the landed mortgage. We finally decided to stay put in our condo. Currently our dividends from our portfolio is more than our household expenses and we have a pool of cash savings. We plan to work for just another five years and retire from being salaried workers when we hit 50.
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