Source: Giphy One might argue that housing was way more affordable for our parents. After all, HDBs were much cheaper. Then again, incomes were also lower and the effects of inflation were not as prominent as they are now. On the other hand, you have people who just love to complain and say that HDBs are simply “unaffordable”. But when you ask them why, they are actually going for huge 5-room flats which far exceed what they can afford to pay. This brings us to the question: Is public housing still affordable for the average Singaporean couple? Let’s take a look at the numbers to find out the...As a millennial looking to BTO myself, the big question that plagues my mind ever so often is the question of affordability. And no, I’m not one of those guys who calls himself broke while living in a private property. Source: Giphy One might argue that housing was way more affordable for our parents. After all, HDBs were much cheaper. Then again, incomes were also lower and the effects of inflation were not as prominent as they are now. On the other hand, you have people who just love to complain and say that HDBs are simply “unaffordable”. But when you ask them why, they are actually going for huge 5-room flats which far exceed what they can afford to pay. This brings us to the question: Is public housing still affordable for the average Singaporean couple? Let’s take a look at the numbers to find out the...
Source: Giphy One might argue that housing was way more affordable for our parents. After all, HDBs were much cheaper. Then again, incomes were also lower and the effects of inflation were not as prominent as they are now. On the other hand, you have people who just love to complain and say that HDBs are simply “unaffordable”. But when you ask them why, they are actually going for huge 5-room flats which far exceed what they can afford to pay. This brings us to the question: Is public housing still affordable for the average Singaporean couple? Let’s take a look at the numbers to find out the...
