Something I read in today's Straits Times gave me a chuckle.
"Mortgage debt may force Chans out of Everitt Road"
I'm sure everyone remembers this terribly embarrassing fracas years back. The remaining 4 neighbours involved who are still living there probably would not have welcomed better news than this.
But now another question arises. If the Chans attempt to sell their house, who will buy it? Apparently banks valued the 3 storey terrace at $1.5m, not too bad given today escalating land prices, but will anyone budge? Unless you find someone who was living under a rock or thinks neighbourly squabbles are nice to have, even rental income would be hard to achieve.
Now for the next question.. When the Chans sell their house, they must move somewhere else. (I'm assuming they own only one property) I really wonder where they will move to, and good luck to their new neighbours.
If you love and care for your neighbours, just remember to check this certain 'Chan' isn't the one signing on your option to purchase form.
February 25, 2010
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hahaha i'm indeed honoured to be one of the few people you've linked to from your blog!
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