Asked by Anthony Lim
So I took up a 50 years loan. Betting that interest rate will remain low, and property market will not burst... Not planning to stay for 50 years and finish paying the loan. My plan is just stay 5~10 years, once the property price appreciates higher than cost of the loan, sell and profit from it.... then Mr Khaw article gave me the chills of dissonance... did i made the correct choice?
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