Reported 12 months ago
According to a report on SET News on July 1, 2024, a netizen in Taiwan expressed regret after buying a house, as the recent surge in the housing market led him to believe that he could afford a over ten-million-dollar home with his 900,000 annual salary. However, the down payment and renovation costs emptied his savings, leaving him struggling to pay off thousands of dollars in loans each month. The netizen advised not to do things beyond one's means, suggesting that it's better to rent than face such financial stress.
Source: YAHOO