Part 3 of the 3 part series on a UBS study analysis written by - TopicsExpress

Part 3 of the 3 part series on a UBS study analysis written by Eugene Yeo. "Singaporeans are “rich” as defined by the assets we possessed – 90% of Singaporeans “own” their homes, but in name only as most of the households are mired in debts due to borrowing from the banks to finance their mortages. As a result, we have little disposable income to spare – ‘asset rich, but cash-poor’." Read more here.

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