Comments by "Samson Soturian" (@samsonsoturian6013) on "South Korea's Ponzi-Like Rental System Is Imploding" video.

  1. Interesting bubble. But I can definitively say that most people where I am from would rather buy the house outright with a mortgage rather than make a reverse mortgage
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  2. He said in the video that it dates back to peasent farmers giving their landlords a cut of their crops.
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  3. Correction: Chinese real estate bubbles were not concentrated in a few hands, only a few were big enough to generate global headlines. Two eyewitnesses even found land speculation upon land specuation where people would build sham houses on farms so that they could collected compensation when forced to sell to developers.
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  4. Come on. Housing is boring enough it only makes the news when there's a problem
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  5. There are reverse mortgages, but no one wants them.
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  6. There's worse
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