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Patrick T
China Observer
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Comments by "Patrick T" (@patrickt49) on "Chinese Homebuyer’s 20-Year Savings Wasted as House Sells for Half Price, Stuck in Debt to the Bank" video.
@stephenc2481 yeah but you have to admit, it's particularly bad in China
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Agreed. People run everything through credit not thinking that at some point the banks are going to come knocking.
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They bought it in good faith thinking they were getting a good deal. I'm sure if they could have foreseen these events they wouldn't have bothered because they would have known better.
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