Jan 14 2010, 12:56 PM
QUOTE(lowyat888 @ Jan 14 2010, 12:00 PM)
this year is the year of the tiger, the tiger now is resting and using the tooth pick to dig its teeth waiting for the kill especially after CNY
telling people to buy more properties and get more loan, when they are stuck, then the kill comes in
. wait for their expected target quota to hit then
increase BLR
for those just serving interest, in the long run their properties will be triple the property purchase price when their loan is up/over, whereas even bought the property at a high/peak price will eventually lose out terribly. only the bank earns as the property owner indirectly working for the bank serving interest only
if it is the case then people should go for fixed interest rate loan or capped ceiling rate (aka Islamic banking) instead of those follow BLR rate.telling people to buy more properties and get more loan, when they are stuck, then the kill comes in
. wait for their expected target quota to hit thenincrease BLR
for those just serving interest, in the long run their properties will be triple the property purchase price when their loan is up/over, whereas even bought the property at a high/peak price will eventually lose out terribly. only the bank earns as the property owner indirectly working for the bank serving interest only
so the increment of BLR should not really be a dilemma for people to buying properties.
This post has been edited by lamode: Jan 14 2010, 12:59 PM
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