Robert Kiyosaki in his book — Rich Dad, Poor Dad — which was published in 1997, preached that your home isn’t an asset for the simple fact that owning a home does not put money into your pocket. Rather, it’s the opposite; your house is now your biggest ‘liability’. Once the papers are signed, you will face a slew of upfront fees and costs. And after the dust has settled, you’ll have to make monthly mortgage installments over the next 20-30 years. So why do people still treat their home as an asset? In the 1980s, house prices skyrocketed at an unprecedented rate. Singapore saw house prices reach an all-time high growth rate of 102% in March 1981. Property was considered a safe investment; it was an asset that you could touch and feel. As solid as a rock (concrete), they say. Then, the Asian Financial Crisis happened. House prices in Singapore saw a record decline of 34% by December 1998....