11-11-2012, 01:19 AM
Not sure how the super rich are doing but for the masses who are working a regular day job, salaries have not increased at the same breakneck pace of property prices. For most of us, our salaries are on the average around 5% more than what we got last year. Logic tells us that at some point, mass market prices will cool and taper off(maybe decrease). This is especially so with government no letting up on land sales and new HDBs. In the meantime, we just have to watch and stay amazed at the gravity defying property prices.
Heard a few of my friends upgraded to a condo from HDB. But size of the condo's much smaller. Not too sure why they wanted to pay more and get a smaller house. Makes no sense. Well, different folks, different values. I would very much prefer a larger living space(big landed house if possible, if not, at least a decent sized HDB.)
Heard a few of my friends upgraded to a condo from HDB. But size of the condo's much smaller. Not too sure why they wanted to pay more and get a smaller house. Makes no sense. Well, different folks, different values. I would very much prefer a larger living space(big landed house if possible, if not, at least a decent sized HDB.)