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Old 23-04-2015, 02:14 PM
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You dont get it do you? He said nowadays owning a car is no longer a status symbol as so many people / families own cars.

So to differentiate themselves from the masses, the rich and those who wanted to be perceived as rich will buy big conti cars and have multiple cars.

If you still have to decide between own a car and owning a second property you are not in that league yet to own both.

It is embarrassing.

Quote:
Originally Posted by Unregistered View Post
Really ah?

Me and wife makes 285k pa. With employer cpf that will be 315k+.
Absolutely no desire to own a depreciating asset..
Live in a fully paid EA.
looking for a second property so that can rent out EA.

The real status symbol is a second property IN Singapore (not horizon hill or dolphin island,ok LOL!).
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