It's in the news recently...
My boss has been talking about it recently, encouraging my colleagues to invest in condos and private properties...
He has 2 private properties now and just bought a 3rd. Intending to earn rental profits.
And here I am, being skeptical that it would all work out so well without risks. Risks to cash flow and others... Like what if property prices takes a nose-dive ?
Impossible ?
I don't know. If it is difficult to make money with HDB (all the subsidies, etc), can we make money with private properties ?
Or is it that it is easier to make profits with private properties because HDB has been loaded with regulations to prevent profiteering ?
Would I dare to do it ?
Do I have the money to do it ?
Am I missing out ?
Do I care ?
I don't know. I am not sure about Singapore's property market, the future, etc.
I don't know how to select good locations...
Is it so easy to make money out of property ?
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