Is 50 year housing loan really just a gimmick?
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waste of time!
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the old guard of sg leadership strongly emphasizes live within one means and therefore the economic principle for HDB and basic commodities are harnessing this fixed destination of 'within one means'. Upon privatization and out sourcing on this, the intended destination is not as workable solution. Seemed that ministers also can be privatized and out sourced as the pool of credible public officers have already been in place, so any decision for viable policy and plan, just adhocly enlist world class foreigners to chair, mediate, mitigate for a world class decision result for the future...just casual here to stir up emotional discussion
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Originally posted by bycai:
the old guard of sg leadership strongly emphasizes live within one means and therefore the economic principle for HDB and basic commodities are harnessing this fixed destination of 'within one means'. Upon privatization and out sourcing on this, the intended destination is not as workable solution. Seemed that ministers also can be privatized and out sourced as the pool of credible public officers have already been in place, so any decision for viable policy and plan, just adhocly enlist world class foreigners to chair, mediate, mitigate for a world class decision result for the future...just casual here to stir up emotional discussion
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50 years crazy leh. 25 buy house, need pay till 75 years old, which mean the last 15 years is your son paying for you liao.
This really worth it mah, really become 父债å�还
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Originally posted by I.imba:
50 years crazy leh. 25 buy house, need pay till 75 years old, which mean the last 15 years is your son paying for you liao.
This really worth it mah, really become 父债å�还
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retirement age is 55years. so you have to be 5 years old then to buy a house take loamn.
let me see,,, 15 years olf ends at 65, 20 years old ends at 70, 25 years old ends at 75.
relally its meant for those rent out house then sell one, not really for the long term perm house uyer.
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Seems like one really. The other big banks like DBS haven't followed suit - they've kept theirs to 35 years. And the MAS has made it such that the maximum financing period is capped at 35 years too. I got my home loan from DBS couple of years ago and I'm glad there wasn't any of this 50 year thing,
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50 year or 80 year loan is NOT a gimmick.
The BANK always WIN.
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cum on, vampire also not so deadly
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Sometimes you wonder if Singaporeans are rich... in terms of buying power, people can buy a few houses with say a $1k salary in their country, while in Singapore, you can earn a $3k salary and take a 30 years housing loan to pay for a HDB flat that doesn't belong to you.
It just makes you think. On paper you're a millionaire, but actually throughout your life, you actually "own" less things that someone who is poorer than you. It's like you have more money but you buy less things. And even worse, the big ticket items such as your HDB house, it doesn't belong to you.
But I pity those that keeps thinking money is everything... their happiness is dictated by their greed, which is actually a vicious circle by itself, because greed is something that grows with what you have, and you will never have enough... the truly happy ones are those that understands contentment.
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Max 35 years now?
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Originally posted by charlize:
Max 35 years now?
Term & Condition apply...........