Over the past few weeks, as preparation for an upcoming talk, I have been gobbling up literature regarding housing affordability in Singapore. And almost everything I have read so far ponder over the situation of a married couple.
But what about the singles? Especially singles with lower income.
In our society, most singles in their late twenties or early thirties are likely to be staying with their parents. However, there is a small segment (for whatever reasons) who are living on their own. The likelihood is that they are renting a room for between $400-$700 a month.
If I were not married to the Mrs, I would likely fall under this category. So it’s a scenario I can strongly empathise with.
Since I have rarely heard stories or anecdotes of people ‘enjoying’ renting a room in a flat, I am assuming that for this group, the desire to own a ......