See how people in Shenzhen speculate on real estate
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Recently, the real estate market in Shenzhen has been very active. The people of Shenzhen are shrewd; aren’t they afraid of a real estate bubble bursting? Look, they’re really not afraid! The couple owns a house worth 7 million. 1/ The couple goes through the divorce procedures, and the house is given to the wife ； 2/ The wife sells the house back to her husband for 10 million. The husband pays 3 million as a down payment to his wife, and then takes out a mortgage loan of 7 million from the bank ； 3/ Invest the 7 million borrowed through a bank mortgage, using the earnings to cover the mortgage payments. 4/ If housing prices plummet, stop making the payments and let the bank take back the house; after all, 7 million has already been earned, which is equivalent to selling the house at a high price ； If house prices soar, since the house is still in my husband’s name, it can be sold again. The risk was shifted to the bank, which received 7 million in funds for investment; as a result, the price of the property rose from 7 million to 10 million. That’s why ZF Bank is most afraid of a sharp drop in housing prices. Those who already have a house should go ahead and do this right away! !
Has it become Shenzhen’s thing again? I saw in the news a couple of days ago that it was in Beijing; maybe this is how things are done in big cities, haha!
By playing it this way, one should be able to see it with banks.
No regional attacks! ! ! !
This claim has been around for some time now. However, aren’t you afraid that after the property is transferred to your wife, she might really refuse to get back together with you? What are you going to do?