But is still part of an asset mah, be it tangible or intangible, of
cos you can hv other assets, however the psychology here is, you
feel owned by having a house, a feeling of belonging and most of
HDB owners (99 years only) can rent his/her flat to make more money
too.
So let balance the sheet, rental, no return. And leasing,
return depend on market rates. Rental pay in cash, Leasing by
CPF. Long term, rental, no gain and goes up. Leasing,
long term, housing may appreciate and decrease in payment
as liability sum get smaller.
Not my store room lah, my toilets for rental.
Aiyo.. it's all how the policy is being worded mah.
If HDB allow renters to pay rent with CPF.. is sama sama
mah.
Pay interest rates vs pay rent.....
You own only the lease.. then you sub lease... to other renters.
Or you rent.. and then sub-rent to other renters.. ... what's the
diff ? Only thing is ..HDB no allow sub-rent.. but can sub-lease...
harlow... like allow you to shit.. vs not allow you to shit in
their toilet only wat.
Then how much should we pay for a lease for a 3 room flat that
only has 10 years left on it ? Current market rate for 3 room flat
... say... $200K ? Cannot be mah.
Then you paying interest on a asset that has a depreciation due
to a expiration.. like that is making meh ? Even the HDB wants to
buy back your remainder lease so you can top up your minimum sum..
they apply a straight line depreciation on the value.
Machiam a con job leh....bery confused.
Then you put 100K in the HDB.. consider asset.. I put the
difference in not paying the interest in other investments to earn
money.. is also asset..the only difference is I control the asset
and all asset in my own name.. but for you.. is HDB control the
asset..because the property is still belong to HDB leh. So
technically speaking hor.. your asset is only in the lease
ownership.
Oh , you want to rent out how much ? I consider..business must
be good for a toilet jagar job.. your location is very prime.
