26 Apr '18, 1am

Is renting a better option now than having a huge HDB mortgage loan saddled round your neck?

Is renting a better option now than having a huge HDB mortgage loan saddled round your neck?

Maybe we should not be investing in an HDB flat? It is better to rent a place than to buy an HDB flat, so we will not be having hefty 6-figure mortgage loan. The writer mentioned that most of us wanted the best for our family and a big HDB flat is a reasonable reward for the hard work we have put in for ourselves. In a way, it is correct. But do we want to feel stressful with outstanding loan not paid to the bank and when we are suddenly retrenched? Is chasing a Singaporean dream so important or losing our home due to prolong non-payment of mortgages?

Full article: http://www.transitioning.org/2018/04/26/comment-is-rentin...

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