from this policy, i dun see it will help poor ppl in buying cheap house, housing price will still incresing but in slower maner.
the biggest impact form this policy is STOP the poor catogory from doing property investment and ONLY ALLOW rich ppl to invest.
end result: poor become much poorer, and rick become much richer.
Implementation Of A Maximum LTV of 70%, for 3rd properties and beyond only...
Nov 5 2010, 01:37 PM
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