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Mahathir wants proof crowdfunding for housing, will work News
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Emily Ratajkowski
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Nov 5 2018, 09:16 AM
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Now everyone can buy homes they cannot afford. In 5 years time when the buyer cannot afford to buy the home all sell at once.
Suddenly the housing market collapses. Sub prime v2 in Malaysia.
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Emily Ratajkowski
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Nov 5 2018, 09:24 AM
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QUOTE(banshika @ Nov 5 2018, 09:19 AM) China already 20 years . No collapse. How to collapse if the price house keep going up. Only if you are able to hold on to the house. This p2p tul says that in 5 years you must refinance or sell it off. So what do you think will happen when the 3k a month b40 person cannot afford to pay for his 300k house after 5 years?
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