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Reply #4: Let me add something here. [View All]

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izzie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-05 03:45 AM
Response to Reply #3
4. Let me add something here.
If you buy a home and pay the bank back plus int. you both may have got what you wanted. Bank owners money on their money and you a home. And also both have to take a risk, They, that your will pay, as they do not want the home they are in the business of money, but they do have the property to hold over your head and you as buyers have to behave and keep a job and the property good so you can pay and live there.The bigger your loan with the bank the more they will try to protect their money, so if you had 30 homes you were paying on, the bank would be very interested in just what you were doing, as you held a lot of their money. So we see where China becomes more important to us and we to them. Did I read they owned 40%?
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