Dr M: Property crowdfunding will help build one million affordable homes

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SEMENYIH (Bernama): Tun Dr Mahathir Mohamad is confident that the 'property crowdfunding' solution announced in Budget 2019 can drive the building of one million (affordable) houses in 10 years as promised by Pakatan Harapan in their manifesto for the 14th General Election (GE14).

 

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your family crowd funding dah cukup atuk

It may work or it may cause a lot of ppl in trouble. Shall await SC to detail us. The devil is in the details.

We crowdfund first timers who may not have a good credit history. No wonder first in the world and no banks are protesting this move to pass risky borrowers to us. CF usually has a short average 5 year term.

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