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Full Version: KNN a 4-room flat typically costs $605K, where got $$$ to retire?
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It's a misconception that higher housing prices is good for sellers. Because after they sell, they have to buy another house to live. Unless they decide to retire elsewhere (that's why this will benefit Malaysians more than Singaporeans), or they decide to downgrade by living at the outskirt or change to a smaller unit.
it is a Ponzi scheme

like failing USSR gorbachev
the last leader takes blame the shit and the worms