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(06-11-2021, 01:02 PM)5354 Wrote: If I had rented instead of buying, lost $1M to landlords.
Stupid fcuk!
Many people think that I a bad idea to rent because you pay rent which is an outflow.....this is a misconception that makes it difficult for people to understand why they should rent....they keep looking at this outflow and feel strongly that renting=losing money.
This is wrong.
The answer is opportunity cost.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 06-11-2021, 01:43 PM by
sgbuffett.)
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(06-11-2021, 01:02 PM)mikotan Wrote: In SG, better to buy. In MY, better to rent.
Property is good investment in Singapore until it starts to drop.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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I do not see what logic this thread has in a local context. Have a roof over the head is I'm, buy within your means for stay. Gov already taking good care on this.
Dun buy affordable bto and go rent is better?
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(06-11-2021, 02:15 PM)dynamite Wrote: I do not see what logic this thread has in a local context. Have a roof over the head is I'm, buy within your means for stay. Gov already taking good care on this.
Dun buy affordable bto and go rent is better?
This thread us not here to conclude...but to discuss.
Renting or buying depends on many factors.
If property is selling cheap e.g. BTO and we'll within one's means to pay....nobody says it is wrong to buy.
But too often we see people cheong 2000 psf condos...then again if you are rich it is not an issue.
The idea of renting is often not considered as it is seen as money thrown away ....this is not true and a misconception.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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if u r talking abt bto
no need to think. buy!
if u r buyinginvesting in pte pty
make sure its not a rotten place
so u rent only if u easily get tired of living in the same place
the aussies love renting fr perth to sydney from sunshine coast to tasmania
take your pick
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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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