The mortgage insurance has been restricted. The authorities even do not allow people to buy a second house. I do not think it is effective financial commitment selection through buying a house without mortgage. It is also a very easy calculation. Think you buy a house whose position is 100 prevent methods which costs you 700 million Yuan. Such a house can be got at 1500 Yuan per month. That is to say, you can have 18 million Yuan rental a period. The comeback of ignore the selection is only 2.6 percent which is much more cost-effective than the same period put in interest. It is a really money-loss business indeed, is certainly not it?
In the far the Far East residence is not appropriate financial commitment selection concentrate on but useful. In Chinese suppliers the communist celebration is the judgment celebration. It is the only or unique celebration in power. Anyone who wants to be against the will of the celebration will fall short and have no excellent outcome. In November 1997 the celebration informed the shareholders not to take a position in the currency markets. Most personal shareholders do not pay attention to the celebration. Consequently, they miss much investment when the market instantly dropped. Now the authorities alert those who still imagine in the houses market not to play fireplace. I am sure they will have the same bad end as those personal shareholders I described above. We have many more Home Loan Insurance Help Articles Now Available.
Let’s look at the cost of the residence in my house Shenyang which is a large city of the far the Far East. Its frequent cost now is about over 6000 Yuan. I do not think the cost will improve to 12000 Yuan within one period as the authority’s bodies are squelching the residences market. The put in interest will improve and investment is very company. On such situation, the cost of residence has become the enemy of most people. It is a fact that the cost of residence has a little increasing position. I think its reducing position is far larger than its increasing position. The authority’s bodies do not like to see that most people have no accommodations while a few people stay in magnificent residences.
The cost of residence has been growing despite our authorities has been mesmerizing or squelching the rumors in the houses market. It seems that the cost of residence is like an outrageous equine without a bridle. On the in contrast, the currency markets have been decreasing as if the tragedy would have come. On this situation, most want to give up the currency markets rather than buying a house as they think or estimate that the cost of residence will be up and up and the currency markets will be down and down. However, things will create in the other when they become excessive.
The testimonies about that when loss actually reaches the control success is at hand happens in the currency markets every several years. When we arrive at a high of a slope where do we go? The reply appears to be that we go down the slope. When we go to an area where do we go? We’ll depart the area and go up another hillside. We have many more Insurance Help Articles Now Available.