Is sg property cheap now?

[corydorus]

Seriously I don't get it. A HOME 10M. Is an asset whether you want to sell it or not, rent to or not. If you need to, you can sell it, why not ? It only tells you there is such an asset valued at 10M. And you can buy a 1M for replacement. Why would valuation of your asset mark to market destroy your life ？  I don't buy it just because you don't count towards your net worth that you do not know is worth 10M.  And you can downgrade it if need to. 😂

How many out there really don't change home in your lifetime ？