By Kenneth Kiesnoski, via cnbc.com
- Owning a home in San Francisco, San Jose or New York can really break the bank, with total costs at more than double the U.S. national median.
- But most large cities, such as Indianapolis, are far more affordable, with median incomes more than enough to cover costs associated with typical homes.
Record-low inventory is causing home prices to rise across the U.S., so higher salaries are now required to afford monthly housing payments, according to SmartAsset.
SINGAPORE: Finance Minister Heng Swee Keat ended his 2018 Budget speech on a “prosperous” note with the handing out of a one-off SG Bonus to Singaporeans, but he also warned of coming tax hikes that are needed to finance the country’s greater spending in the next decade.
How will Singaporeans and Singapore businesses be affected by the measures Mr Heng announced on Monday (Feb 19)?
Here is Channel NewsAsia’s quick guide to the major Budget announcements:
Singapore — The Government will enhance the Proximity Housing Grant (PHG) to give more support to family members who want to live with or near each other, Finance Minister Heng Swee Keat announced in his Budget speech.
Singapore — The Singapore sovereign wealth fund is expected to invest more in real estate going forward as the returns are higher than other fixed income assets such as government bonds, experts say.
Whether you’re casually dating, moving in together, or married, you and your partner have to be sure you’re not just compatible in terms of personality but also financially. Is your partner a saver or a spender? How seriously do they take debt? Do they have a monthly budget? Here’s how to tell if you’re financially compatible with your partner.
Location Guide & Analysis – HDB BTO Launch February 2018 (Geylang, Tampines, Woodlands, Choa Chu Kang)
By Timothy Ho, via dollarsandsense.sg
With more than 3,600 flats on offer, the first Build-To-Order (BTO) launch for 2018 is likely to attract Singaporeans looking to own their first home, or seeking an upgrade.
The best part about the upcoming February 2018 launch is that regardless of whether you prefer the eastern, northern or western regions of Singapore, there is a location available for you.
If you aren’t sure of what you need to know before choosing a BTO flat, do read our handy Step-By-Step Guide To Buying Your First BTO Flat first.
SINGAPORE: A total of 4,381 new flats were launched for sale in the Housing and Development Board’s (HDB) first sales exercise for the year.
The flats include 3,664 Build-to-Order (BTO) units and another 717 units under the Re-offer of Balance Flats exercise, HDB said in a press release on Tuesday (Feb 6).
The BTO flats will be spread across two projects in Choa Chu Kang and Woodlands, and another three projects in Geylang and Tampines.