Originally Posted by
TurningFinalRWY36
Exactly, you cant just walk away from a debt because it does not suit you anymore.
But at least CX guys are having that personal loan debt paid by their company. So its like a company provided rental really, you live for free but nothing at the end of it.
compare this to those livaboard families who are servicing their loans from post taxed salary. Alot do choose the boat option as they cannot afford to buy landed property. No allowances for them . 55k per month out of pocket & 6 million left to pay off.
The lady in the Bloomberg article says to move to an apartment would cost them upto 90000/ month. I mean wtf . There’s plenty to rent here for 20-30k/ month. Spoilt expats comes to mind.