Comments by "HKim0072" (@HKim0072) on "Evergrande’s Debt crisis Is the Real estate giant going to collapse? Crisis rattles China’s Economy" video.

  1. Every building project should have a separate mortgage. And, an escrow account. Residential properties should be one and done. (Using easy numbers as an example) 100 units at $500K selling price = budget should be $35M = mortgage value (allows for profit and carry interest costs) Presale deposits should be in an escrow account. When construction is complete, unit and final payment handed over. This ain’t rocket science.
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