Provided that the person have ability to borrow and banks willing to lend.
With the loan timeline extended to 7 years, the loan repayment will be lower, more people will be able to borrow.......expect Coe to go up in the next bidding cycle.
Provided that the person have ability to borrow and banks willing to lend.
but it will drive prices higher and prop up the flagging economy....inflation is good,deflation is bad.
some of your skills
ah RUN is humbled. RUN is a sad and broke man in real life.
RUN does not know the next move but RUN knows the implications of the current developments.
- commodities prices generally dropped at least 50% in the past 18 months. This is like Lehman crisis
Implications: some banks are still very excited about their metals, oil and gas exposures, and refuse to write down on debt exposure to this sector.
- did u notice that in the past 18 months, JPY drops almost as much as gold, against USD? Japanese economists are so smart to engineer this devaluation swee swee. Today, helpless Kia Sorento, Hyundai Sante Fe costs 30% more than Made-In-Japan SUVs from Nissan, Mitsubishi, Subaru in Singapore.
Implications: We will see some recovery in commodities before US Presidential elections but if commodity prices continue to weaken after Trump's victory or US rate hike, don't be surprise that we will see USDJPY at 150-200 level before June 1, 2017.
- In 2H16, China is expected to be the strongest adopter of helicopter money among major economies in the world. Technically US slowed down QE and in the recent Sendai G7 meeting, UK and Germany hinted that Helicopter money is less effective for Eurozone.
Implications: Now, US and Eurozone feels that Keynesian concept of printing money for increasing consumer demand should be fine-tuned, Global consumption-growth may halt and Chinese are able to see this coming and kept pressing US this month, to reveal how much interest rates will increase in 2H16. By 2H16, China will likely be forced to engage in FX devaluation, madly throwing helicopter money at an unprecedented level and even President Xi needs to quietly allow corruption again.
Just my guess.
i, too have a very stressful past, no joke, being manipulated by lky's cronies, being insulted and humiliated by the cronies, double triple whammy, all i have experienced before.
but i dun understand why you say Xi will quietly allow corruption again? will corruption weaken the yuan further?
With the loan timeline extended to 7 years, the loan repayment will be lower, more people will be able to borrow.......expect Coe to go up in the next bidding cycle.
If you need a loan to buy a car, you probably should not be buying a car.
COE Quota for June/July is higher
So prices might remain relatively unchanged
During my drinking session last night, industry insiders told me that there was big growth in Car Leasing business, especially for Volkswagen, BMW and Audi because many could out fork out enough cash due to the earlier restrictions. But they still want a car because interest rates are Low.
With Uber and Grab entering the car leasing business, relaxing the car loan rules can prevent the automotive financing-ecology to be unhealthy skewed towards leasing, instead of direct ownership.
I understand. I suffered some greviance that destroyed my life and even with real proof, two ministers and two government agencies refuse to take action, hahaha, they don't want to give me a response. I really don't know why.
ah RUN hopes more people can place greater support for the incumbent so that they can have greater opportunity to experience the fairness of the system first-hand like ah RUN.
this shows the level of financial prudence shown by sinkies if the government have to interfere from 80% car loan to 50% and now to 70%
Who in the right mind pays $1.1k a month for a honda vezel for 40% downpayment and then leaves the car in your car park from mon-fri and then everyday you eat economic rice for $3 in order to save that miserable $200-300
Sinkies seems to enjoy entrapping themselves into the deep abyss of loans
Car ownership with high loans at artificially inflated price is rather toxic.