Property Cycles

Wai Mun Fong and Benedict Koh

Chapter 11 in Managing Your Personal Finance:From Start of Career to Retirement and More, 2020, pp 73-77 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Dear David,Your cousin Peter told me a month ago that he was planning to buy a house before he ties the knot. We had a long talk about whether this was the right time to enter the property market. Peter also sought my advice on what I would consider a desirable property. He has a property in mind, but wasn’t sure if he could afford the housing loan repayments, especially now that interest rates appear to be rising. Like Peter, you will be asking the same questions when your time comes. So I thought l should put my thoughts down for your benefit as well…

Keywords: Personal Finance; Investment; Managing Money; Retirement planning; College planning; Borrowing; Buying Bonds; Investing in Real Estate; Estate Planning (search for similar items in EconPapers)
JEL-codes: D14 (search for similar items in EconPapers)
Date: 2020
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