Whether you are a rich person, an ordinary person or even a loser, when buying a house, you must take out a loan instead of paying the full price foolishly.

Rich people understand this truth better than ordinary people. So they want to take advantage of bank loans. If possible, they would like to pay 10% down.

But ordinary people will not have such a profound understanding as rich people. This is mainly due to the limitations of traditional thinking patterns. Most ordinary people are forced to take out loans to buy houses because they really don’t have that much money and can only borrow money. Many people may not know that in China, a loan for buying a house is a benefit provided by the government in disguise.

Since it is a welfare, why not? Of course, rich people understand all this. Even if they have a lot of cash, they still need to take out a loan.

Many people may not understand why I am not paying interest to the bank for a house loan. It is just a business transaction. How come it is a benefit given to me by the government?

In China, ordinary people only get loans from banks twice in their lives when banks are very friendly. Once you buy a house, and another time you buy a car. These two loans are easy and you can enjoy certain discounts if you meet the conditions.

In the future, it will be very difficult for ordinary people to get loans from banks. Some people say that it is very easy now. Brother, what you are talking about is not a loan at all, do you understand? What you are doing is consumption, consumption, consumption... Although on the surface it seems that the bank has given you money, it is not a loan in the true sense. If you haven't understood this sentence yet, I don't know how to explain it to you.

In a word, whether you buy a house or a car, you must get a loan. This is a free benefit, why not?

Moreover, these benefits are only available to ordinary people a few times before you are fifty.

In the future, banks will not lend you money.