Had a discussion with a colleague from Selangor, Malaysia about living cost difference in Singapore and Malaysia. One thing we could agree on its the cost of houses. If you've been following the
real estate news you'll realise houses nowadays are gonna cost us even more than they do in the 90s and to don't expect to earn big like the yesteryears when selling your present home (unless of course you're residing on prime location).
So what happen now? Do you still wanna cramp 4 families into one home? No! The governmen wants you to reproduce but makes it hell for you to afford a house for you to start a new family in. I may be a lil dense in this topic but I heard many of my friends who bought a house is now legally indebted to the banks till the day they retire. Woah~ that's where all my parents money went to! Yup, bad news kid. One day you gotta bid goodbye to all the fun in life you've had before and think of ways to earn money via
myspace to help your folks to pay for your education!
Should we start looking for a
retirement home soon? LOL!
Labels: rant, singapore