QUOTE(ahken100 @ Jan 3 2012, 03:53 PM)
bluecoat, I get what you mean and I thinking same.. Which is 3years should enough for planning. But still risky we bet & challenge from salary increment.
Unless, we are one of them, a developer or contractor where we saw they are billionaire now..
Anyway, I wish myself 3 year later can buy cash no loan required...
just kidding guys
The principle is "salary increment will never catch up with inflation" so in these era... just got to buy one when you feel than you can afford to lock in the value of the money you are holding.... Bank always "help" in extending tenure, upto 40 years?? or cross generation loan that involve your child.... for 2500/4000. that is more than 60% of liability, bank will approve if first loan without other liability.... or tutup mata sebelah to approve it if your are still young (less risk). Can you imagine next 10 years in time, 2500 is the rental amount instead of the loan installment for a flat...Unless, we are one of them, a developer or contractor where we saw they are billionaire now..
Anyway, I wish myself 3 year later can buy cash no loan required...
Jan 4 2012, 09:55 PM

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