Thomas Ong's Smaller Flat and My Own Mortgage Question
Actor Thomas Ong's move into a smaller flat, and Colin Lau's early retirement before him, raise the same question: how much of the freedom I want is tied up in the home I think I need?
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Actor Thomas Ong's move into a smaller flat, and Colin Lau's early retirement before him, raise the same question: how much of the freedom I want is tied up in the home I think I need?
Selling my home could let me buy an HDB flat with no mortgage at all. Instead of taking that immediately, part of my brain started checking whether I should borrow more for a bigger private property instead — while the banks still say I can.
Colin Lau stopped working at 35 without first becoming rich. His choices may be too extreme for most Singaporeans, but they raise an important question: how much is enough for the life we actually want?