ABCs of Property Investment
One day, all properties will become unaffordable. What happens next?
One day, all properties will become unaffordable. What happens next? Anyone has this thought on their mind? What happens when property prices become higher than ‘severely unaffordable?’ Instead of spending 35% of one’s salary for the home mortgage payment, one has to spend 70% or higher on the monthly mortgage? Instead of having a choice whether to buy nearer and smaller versus bigger and further, now every property ranges from crazy expensive to impossible expensive? What will happen?