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If borrowers 'credit enhanced' the housing loans with guarantors, younger person, just pay down loan aggressively over the next year.
If ltv less than 50%, TDSR rules don't apply.
Said before, able to sell a property within a week is abnormal. Historically, real property are illiquid assets that takes 3-4 months to sell.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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A relevant MAS report on the topic...
Rising household debt worries Singapore central bank
SINGAPORE — The Monetary Authority of Singapore (MAS) has said that rising household debt in the city state is worrying, and that it is “important to act now to limit build-up of leverage”.
MAS managing director Ravi Menon said that 5 to 10 per cent “have probably over-leveraged on their property purchases” — for example, they have total debt service payments at more than 60 per cent of their income.
http://www.todayonline.com/business/risi...ntral-bank
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