Comments by "Bobby Loo" (@BobbyLoo-jr8ys) on "Chinese Roar: ‘You Can’t Let Us Starve to Death!’ Household Debt Exceeds $11 Trillion" video.

  1. First mistake, Never take out large loan morgage for a house, it is a death trap. Just because your neighbhour has a house and car, doesnt mean, he has to. Even selling his house at a lost, he still lose. =loser. Life mistake can cost a man's life. Including family and children. When many people take out loans to buy a home, house price will be inflated. But if few people take housing loan, price is more affordable. Now the bubble has burst. Im waiting for the housing price to decrease and NOT taking loans. Imagine how much money one can save. No interest! And no need to borrow from family/friends. Your decision to get morgage loan, your responsiblity to pay back, just like student loans in the west. NO one forced you go get a house. If one wants to cry, go up the mountain and cry a river. Implusing buying, ha. = loser in life?
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