4 ms·
yeah, the pressure on housing is a problem in so many countries and it really became problematic the more and more people started using it as a way of investing
by keithnz 4y ago
yeah, the pressure on housing is a problem in so many countries and it really became problematic the more and more people started using it as a way of investing. In many places it is one of the easier things to convince a bank to give you a large loan for, so you can get a lot of leverage. Once you get one, then you get as many as you can get finance for, etc etc. At the end of the day, it may require a lot of oil on that fire before governments legislate such that massive leverage on lots of residential properties is not as desirable as other investment options.