Quote:
Originally Posted by Unregistered
Me too surprised to find so many high earners. Me and wife are in mid 40s, and our combined salary this year merely hits $500k pa mark. we have a fully paid condo and fully paid luxury car. What we care about is also health and family. Work is secondary.
|
Yes, there are many families with high income. Not surprising why condo prices will go higher in the long term. Buying new cars also no big deal at all. Car buy two or even three new cars, can change cars every two or three years. Not surprising if
COE prices continue to rise and perhaps even reach $200k in the years to come. $200k
COE means just $20k pa which many can afford as it represent only 4% of the income of families earning $500k pa. My family earn a modest income of $200k pa and we find $60k
COE cheap.