China’s real-estate firms have grown more reliant on customer down-payments as authorities have curbed access to other kinds of credit.
In many cases, clients pay the full price for their home before it is built, handing over a lump sum and borrowing the rest from the bank, and the developer uses the cash as general funding for operations.
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Make all of them poor again BAN CHINA
This is what happens in Capitalism.
College Business? Bank/Credit card business? What about increasing and developing government college with family wealth related rate and student performances?
It is fair. You choose between saving and gambling.
There is always no fair, the people is not the same way with government or capitalism
卷
'rattling'
they need to be beaten