What if the central bank regulates that banks must measure the price comparison of per meter square of property with 1 sack of rice.
If it exceeded 300 times then the maximum leverage must be 60%
400 times then the maximum leverage must be 50%
600 times then the maximum leverage must be 40%
and so on.
So people can still freely buy property but using mostly their own money if the price is relatively unreasonable.
Something like that.
If it exceeded 300 times then the maximum leverage must be 60%
400 times then the maximum leverage must be 50%
600 times then the maximum leverage must be 40%
and so on.
So people can still freely buy property but using mostly their own money if the price is relatively unreasonable.
Something like that.
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