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Is Home Ownership Actually Worth It?
By cheerful.egg  •  August 27, 2013

I’m a huge weirdo, so I love to do random studies like whether I can eat a whole bowl of ramen (I can), whether 7 hours of sleep really makes a huge difference to productivity (it doesn’t), and whether The Wolverine is the worst X-Men movie ever (the jury is still out on that one).

My latest foray is trying to figure out whether home ownership is actually worth it in Singapore. You know the usual argument: Prices remain high despite cooling measures, Singaporeans are taking on too much housing debt, yadda-yadda. So it got me wondering: Let’s try to challenge the assumption that home ownership is The Ultimate Goal of Life for everyone, and think about when it might actually be more worth it to rent.

I’m not a home owner myself, nor have I done any research on this, so I’m looking for some help.

The genesis ...

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By cheerful.egg
Hey, what’s up? My name’s Lionel. When I was a kid, my favourite comic of all time was Spider-Man. Before he became a superhero, Peter Parker had to deal the day-to-day struggles of a young person: Living with foster parents, grades, bullies, and getting pushed around.
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