Read? Home for Living and not for profit taking
I happened to meet this ex-neighbour again. I am not surprise that he was retrenched last year, and now he is a full-time Taxi Driver.
I believe now he will have a harder time keeping up with his housing loan. The lesson learn: Never under-estimate the risk of losing your job in the future; and it is not wise to use your residential home as a profit taking financial instrument or product.
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