property is always needed. its literally a hard asset
investing in property has backups of government seizing the property/land of real estate if they dont pay back. the government can be part of the deal of escrow too.
the loans are to help real estate developers finish 50-80% part-built apartment blocks so they can put them on the market, sell and then repay costs
its a drastic different story compared to say doing grants and loans to restaurants and small businesses which can take money and just close business. when you see how many scammed the small business stimulus system of multiple countries. you'll soon see investing in property is more secure
not only do the government get back loaned money of the development. but they then continually earn land/property taxes. so it pales in comparison to the small business stimulus cheques system risks
investing in property has backups of government seizing the property/land of real estate if they dont pay back. the government can be part of the deal of escrow too.
the loans are to help real estate developers finish 50-80% part-built apartment blocks so they can put them on the market, sell and then repay costs
its a drastic different story compared to say doing grants and loans to restaurants and small businesses which can take money and just close business. when you see how many scammed the small business stimulus system of multiple countries. you'll soon see investing in property is more secure
not only do the government get back loaned money of the development. but they then continually earn land/property taxes. so it pales in comparison to the small business stimulus cheques system risks
Does china charge property taxes?
