Comments by "Steven Hull" (@stevenhull5025) on "Housing Prices Halved, With Successive Foreclosures; China’s Economy May Take 10 Years to Recover" video.

  1. During the first 10 years of a 25 year mortgage it is mainly interest one is paying NOT capital.
    2
  2. Blah blah blah. When others are fearful be greedy. When others are greedy be fearful. Warren Buffet.
    1
  3. Most have no choice
    1
  4. How about the denture business as well???
    1
  5. Yes BUT. The monthly amount of mortgage repayment you pay may seem high right now. However, over time the actual value you pay actually decrease in real terms thanks to inflation and pay rises.
    1
  6. Tell that to property owners who bought property in the 1990's
    1
  7. or people's greed did
    1
  8. Long term investor: Property prices will always increase.
    1
  9. Exactly what the financially illiterate do as soon as they leave school. Take out loans for higher education. Take out loans for a car. Take out credit cards to buy clothes, travel and food. NEVER saving or investing on assets which give a return.
    1
  10. Since when???
    1
  11. Buying their own?? What do you think they are doing when they buy yours???
    1
  12. And most are now slaves to their master - the banking system.
    1
  13. I don't think being a clairvoyant is a common trait.
    1
  14. Correct. A property is a liability for life unless someone else is paying for it ie: renting it.
    1
  15. Recently too. Borrowing huge amounts from unlicensed lenders to bet on a stock market which went belly up. Greed is mankind's worse enemy.
    1