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And the Chinese government is not happy about it. They are actively pushing banks to not allow their citizens to get mortgages. I have a colleague whose family
by niels_olson 10y ago
And the Chinese government is not happy about it. They are actively pushing banks to not allow their citizens to get mortgages. I have a colleague whose family pushed her pretty hard to accept and hold hundreds of thousands of dollars so her cousin could buy a house with it. She found the situations quite distressing. Apparently her father, in China, was not happy.