Yesterday 11:29 PM | ||
Unregistered |
Hi seniors Need some advice - about to finish HO. Should I become a full time locum or stay on and try for residency (probably fam med)? As far as I know around 10-15% of my batch are already planning to break their bond and join chains/aesthetics/full time locum/telemed. I’m worried the flood of locums (around 30++ from my batch alone) will have unintended downstream consequences for the job market and ultimately might be more prudent to stay on. A lot of students are also planning to break bond once they finish HO (from what I have heard). Thanks |
|
Yesterday 09:41 PM | ||
Unregistered |
Quote:
|
|
Yesterday 03:13 PM | ||
Unregistered |
Quote:
say you buy 1 new launch (3br compact 2mil), your wife buy 1 ex-ec (3br 1.5mil) assuming bank interest rate stress test at 4.8% for 30 years loan, and bank wont loan more than TDSR 55% Your wife needs to earn: $10,731.79per mth you need to earn: $14,309.06 per mth i see no reason why locum cant earn $14,309.06? |
|
23-04-2024 11:13 PM | ||
Unregistered | sounds like lie lol GPS dont earn that muc | |
23-04-2024 11:12 PM | ||
Unregistered |
yup that's my definition of 'made it' too so....is it even sustainable as a locum? |
|
23-04-2024 09:13 AM | ||
Unregistered |
No joke - doctors are holding a lot, a lot of cash Met a GP once in mid 40s - was going to buy his third private property in kid’s name Doctor and spouse were already holding one in each of their names |
|
23-04-2024 08:40 AM | ||
Unregistered |
Quote:
Leveraging 10x is normal. Hongkong median home price to median income is 18.8 I think 10x is very safe 10-12x safe 12-14x some risk mortgage stress 14-16x high risk of mortgage stress >16x respect for being brave |
|
23-04-2024 07:05 AM | ||
Unregistered |
Quote:
|
|
22-04-2024 06:31 PM | ||
Unregistered |
Quote:
Hdb bto is 500k Good hdb resale is 1mil New launch condo is 2mil for 3 bedroom compact 3 mil can get u very decent ccr condo 4 mil gets u original condition ocr interterrace 6 mil gets u decent ocr semi d/ rcr interterrace 8 mil ocr detached / or rcr semi d/ ccr interterrace 10mil ccr semi d 12 mil ccr detached with smaller land size 18 mil gcb already As long as each side earn 600k, ie total 1.2mil Leverage 10x is 12mil , can buy ccr detached with land size of 4000 sqft easily. |
|
22-04-2024 06:22 PM | ||
Unregistered |
Quote:
But two doctors owning ocr interterrace is not uncommon For new launch ocr condo, 3 bedder compact abt 2mil Plenty of doctors use single own name to buy and save spouse name for second investment property |
|
This thread has more than 10 replies. Click here to review the whole thread. |