Buying a home probably ranks as one of the most important milestone in our lives. After all, it is a huge investment that we have to pay upfront and will have to service for the most part of our working lives. Hence, it is common for people to think of their home as an investment and humans typically well...do not like to lose out on their investments. No one does.

When the value of their homes drop, their hearts sank together with the times.

This is probably the reason why we see so many older Singaporeans complaining on the lease expiry of their 99 years leasehold HDBs, which may become worthless once the lease expires. After all, they've been servicing it all their lives, and now you are telling them that it is worthless at the end of the lease!
To homeowners, they have a constant worry that they...