Buying for our 'future' children… literally

We are used to reading articles on the importance of buying property for our children’s future. This is because when they are adults, they will likely be able to afford only a very small sized home or one that is very far away from us.

In one particular advanced country, it is reported that some parents buy property even before they have children – yes, they are buying property for “future” children.news.com.au The article quoted a parent, Paul Lynch who said that when he bought a home in 2007, his main concern was that the property be located within a $5 cab ride of Brisbane’s CBD.

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Buying a house should not land buyer in financial difficulty, says Bank NegaraBank Negara Malaysia deputy governor says the percentage of income spent to service the mortgage must not exceed the person’s financial capacity, and they must be able to pay for other obligations on top of this commitment. That is what deputy bank negara said ,but there is local bank wld be known as leech bank don't bother follow all that as long they got the profit
Source: fmtoday - 🏆 5. / 72 Read more »