Is property a good investment in times of war?

The Easter weekend was filled with tensions. It started with Donald Trump using Afghanistan as a testing ground for the Mother Of All Bombs and killed 96 Islamic State militants. This was followed by a failed missile launch by North Korea on Sunday. US Vice-President Mike Pence warned that ‘the era of strategic patience is over’.

Suddenly, everyone is on their toes. A war sounds imminent.

What will happen if there is a war? Are we safe? Will Singapore economy be intact? How are we affected financially? What will happen to the property market?

Wars won’t stop mortgage payments

First of all, there is a big difference between living inside or outside a warzone. If the war happens in our country, all male citizens and PRs between the age of 18 and 40 will be compulsorily enlisted in national service.

When the home owners leave their jobs to serve their country, they are still required …

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