Read? The Tale Of Three Old Men In The Same Office Space (True Story)
After reading this ---> Exclude this, exclude that...
Lets return to the HDB heartlands.
Even without a 2nd investment/rental property, those who treat the humble HDB flat as an investment would play the 2 bites of the cherry, upgrade, downgrade game.
Look around your relatives, neighbours, colleagues and classmates. There are lots of annecdotal evidence. Verify for yourself!
See?
The Mind or psychological part of investing is quite powerful, isn't it.
CW8888: Hmmm ...
Back to real person, real people in his ex-office cubicle
Verifying!
Residential Property as Retirement Fund
Both of them took the path of their residential property as their retirement fund......