Recently, quite a few blog posts on this topic - Is Property Affordable?
IMHO, having to take a housing loan of 25 or 30 years and stretching the loan payment way beyond into 50s and 60s is already a sign of that person struggling hard to afford that "choice" piece of property. The real problem of affordability lies with the "choices" e.g. a 4-rm HDB BTO in Punggol may cost $277-$300K and may need only 15-20 years housing loan and can be fully paid before 50s.
Weak yen pressures Bank of Japan’s interest rate decision
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THE weak yen is putting pressure on the Bank of Japan to tighten monetary
policy, analysts say, although it is not expected to hike its main interest
rate ...
1 hour ago
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