Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

> Mahathir wants proof crowdfunding for housing, will work News

views
     
Phoenix_KL
post Nov 5 2018, 02:31 AM

Getting Started
**
Junior Member
156 posts

Joined: Sep 2017
Sub prime

user posted image

http://news.bbc.co.uk/2/hi/business/7073131.stm

user posted imageuser posted image

This post has been edited by Phoenix_KL: Nov 5 2018, 02:54 AM
Phoenix_KL
post Nov 6 2018, 02:42 AM

Getting Started
**
Junior Member
156 posts

Joined: Sep 2017
QUOTE(banshika @ Nov 5 2018, 09:19 AM)
China already 20 years . No collapse. How to collapse if the price house keep going up.
*
china that time just emerging. Now collapsing already by next year crisis in china. Bookmark this because it will happen.
Phoenix_KL
post Nov 6 2018, 02:51 AM

Getting Started
**
Junior Member
156 posts

Joined: Sep 2017
QUOTE(Emily Ratajkowski @ Nov 5 2018, 09:24 AM)
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?
*
crisis trigger

user posted image

Bump Topic Add ReplyOptions New Topic
 

Change to:
| Lo-Fi Version
0.0160sec    0.56    6 queries    GZIP Disabled
Time is now: 9th December 2025 - 02:49 PM