Haven’t posted about this in awhile though I keep up to date with a lot of stuff. On the property front, my mum is doing a lot of property rebalancing. I’m sure many of us feel that interest rates will rise (and hence home mortgage rates) and the economy is headed for a cold spell. Hence, my mum has sold off one of her condos for $930k, making around a $250k profit including rental income from when she bought it. She is looking into selling off quite a few others as well. The plan, she tells me, is to change from many units to buying some slightly higher end units (when they are struggling to sell and hence cheap) in a very rentable place, such as Balestier. If you have an investment property, you may want to think about what you want to do with it, as rental rates are ......