Millionaire in name only.
The reality is that many Sporeans owe the banks $$$..$$ for their mortgage & car loans. We can't even use our CPF to pay off our housing loans because as long as we are not allowed to withdraw our CPF, any CPF monies used to pay for a home is treated as a loan to ourselves.
The reality is that many Sporeans owe the banks $$$..$$ for their mortgage & car loans. We can't even use our CPF to pay off our housing loans because as long as we are not allowed to withdraw our CPF, any CPF monies used to pay for a home is treated as a loan to ourselves.