troubles coming soon to singapore. 4-rm flat residents facing the brunt of money woes.

sooner or later, houses will increase beyond affordability levels and children may have to pay the mortgage debts for their parents.

It has definitely become an absurd process in my area with tiny (by US standards) homes selling for an average of $300,000

AND they need extensive repairs in that "low" price range!

Believe me, I know. $250K to buy it years ago, and at least $20K in repairs/upgrades and at least $10K more needed. Plus, it's heated by oil