19-11-2022, 08:38 PM
(19-11-2022, 08:30 PM)sogo Wrote:
1 million loans for condos are very common meaning alot of ppl are in such debts. So how to survived? Eat sweet potatoes?
That is why now trend is boom for savers and doom for borrowers. Some ppl like to borrow cheap monies to earn more monies previously and this group also affected as their borrowing cost increase
Some balance need to be strike though becuz if all borrowers default we have a serious problem on hand and a recession maybe in the works