Penang Rehda unhappy over high rejection rate for housing loans

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It says the number defaulting on loans is small and many are paying loans on time.

 

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Wow does he want a full blown bank crisis in Malaysia and throw the country back into the stone age? Madness.

It's not the banks fault that there is a glut in the housing market. Have you also considered that you developers were too greedy and built too many unaffordable homes? The rm300k would buy u a 2 storey terrace house in damansara pre najib era. Now it will buy you a shoebox.

Did you ever consider that low default rate is due to the stringent approval? sesatituneraka

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Source: malaysiakini - 🏆 20. / 51 Read more »