The advantage of 1 is to get high profits. It is impossible for young people nowadays to pay the full amount in one lump sum. In big cities, the price per square meter may reach hundreds of thousands, hundreds of thousands or even millions. If you want to buy a suite in the center, even tens of millions. It is absolutely impossible for a child of an ordinary family to spend so much money to buy a house at once.
And now buying a house is divided into low-interest installment and interest-free installment, and most people are low-interest installment. The installment period is generally divided into 10 years, 20 years and 30 years, and as a buyer, you must pay certain interest to the merchant within the installment period of 10 years or 30 years.
The second benefit: the longer the number of years, the higher the interest rate. Although the buyer can temporarily relieve the economic pressure of one-time sexual intercourse with the full amount, it is also time-consuming to cut the meat innocently. The longer the installment period, the more interest will be paid, which is another part of the profit channel for merchants.
The third benefit: if you don't pay the full amount in time, you will face water cuts and power outages at any time. This is an unwritten secret. All buyers have to complete the mortgage every month before they can have water and electricity. If it is not delivered in time, their quality of life will be seriously reduced, and sometimes they will face more serious problems.