I don’t think we are given much of a choice in Singapore. The system is such that we buy a lease from the public housing market that enables us to own a flat for up to 99 years. We do have 1-room or 2-room rental flats, but I think it’s reserved only for families whose income levels are significantly below the median income

I finished paying my mortgage within five years. I don’t care if the housing loan is considered good debt. I just hate enslaved to any form of debt lol