Quote:
Originally Posted by Unregistered
You can argue as much as you like, but the reality is owning and living in a condo in Singapore is one of the most coveted 5Cs. Only those who can't make it will try to justify otherwise until "the cow come home".
Only 15% of Singapore residents live in condos or landed. If 5% stays in landed, then only 10% of Singapore residents live in condos. So, if you are among the 15%, you are in the top 15% of Singapore society. This is a FACT. Period.
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I knew some friends who spent so much to repay his condo loan, till no much money to spend on simple restaurant, Car and holiday. It's crazy to call people like them top 5% or 10% rich people in Singapore.