Some people call them mental models. Some call it frameworks. To me, it is simply a way to think about the world and the evolving situation. I adopt mental models as a way to focus on the important levers – the key anchors that will make an important difference in any decision-making process. In the context of the Singapore property market, what works for our parents’ generation will no longer work for us. Here are 5 mental models to guide you as you think about your next property move.

Mental Model #1: Becoming the Last Sandwich Generation

For some of us in Singapore, we become stuck in between as we juggle careers, children, and aging parents. We are deemed the sandwich generation as we figure out how to prioritize between competing needs and heavy responsibilities. Being a caregiver for 2 different generations can be taxing – both mentally and financially....