Comments by "Bobby Loo" (@BobbyLoo-jr8ys) on "Nation-Wide Salary Cuts! Industry Declines, Unpaid Wages, and Layoffs Sweep Through China" video.

  1. Head AI, same, sell the house, sell the car, sell anything that is of luxury and then you'll have free cash flow.
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  2. Sell the house, then she will have no mortgage, and free up some free cash flow. Use the money to pay off debt. This will buy her time.
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  3. If she cut the price to 50% or more, it might sell. If 50% is not, cut another 5% monthly. Yes, it is a huge lost. But at least there is cash in her hands. If her house is worth 1 million, sell it at less than 500k or 400k. I understand house is #1, but why have a house and have a starving family. By selling at a lost, there is cash flow, shelter (rent), and food on the table.
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  4.  @pipiqiqi4010  That is true. IF there is a mortgage, then keep. But if not, sell, to free up cash.
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