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Home ownership vs debt issues






Dream home: Buyers selecting their dream home at the recent Home Ownership Campaign.

Dream home: Buyers selecting their dream home at the recent Home Ownership Campaign.

FIFTEEN years ago, John contemplated whether he should buy a house or rent. Then in his 40s, he decided to rent.

“The house was about RM250,000 but I simply could not afford it,” he said. He was then in his 40s. For years, debt was like a millstone around his neck and being debt-free was more important than owning a house.

Property , home , property

   

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