Posted by DickyMe > 2019-09-04 11:01 | Report Abuse

There are already too many laidback and deadwoods in government service. It is a selfish proposal to stay on the job to draw salary at the expense of tax payers and block employment.

The real truth is, too many are stuck with huge home loans and cannot pay the installment. It is high time, government put brakes on ut home loans otherwise, sub prime crisis will kill off the economy.

Government should draft new bank loan procedure.
1) Buyers should cough out 30% of deposit.
2) Bank loans should be limited to maximum 20 years.
3) Increase real estate gain tax to 60%.
4) Create a database of home owners to trace the family tree and the number of
houses owned, nationwide.

Yes, this will kill real estate industry. That is good! It will ward of speculation and floor home price. Multiple home owners can be identified and tax till their balls crack.

Posted by Taehyung > 2019-09-04 11:07 | Report Abuse

Bro your ideas would make most of the salary earner's life more difficult..

Posted by DickyMe > 2019-09-04 11:33 | Report Abuse

Not at all! You need to widen your vision beyond the myopic "salary" parameter.

Posted by icecool > 2019-10-09 17:47 | Report Abuse

i agree with this but it will never happen because home loan is how debt is created

DickyMe There are already too many laidback and deadwoods in government service. It is a selfish proposal to stay on the job to draw salary at the expense of tax payers and block employment.

The real truth is, too many are stuck with huge home loans and cannot pay the installment. It is high time, government put brakes on ut home loans otherwise, sub prime crisis will kill off the economy.

Government should draft new bank loan procedure.
1) Buyers should cough out 30% of deposit.
2) Bank loans should be limited to maximum 20 years.
3) Increase real estate gain tax to 60%.
4) Create a database of home owners to trace the family tree and the number of
houses owned, nationwide.

Yes, this will kill real estate industry. That is good! It will ward of speculation and floor home price. Multiple home owners can be identified and tax till their balls crack.

Posted by DickyMe > 2019-10-09 17:51 | Report Abuse

Why create DEBT to cause misery? An economy thriving on DEBT creation is a cesspool for criminals not leaders.

Posted by icecool > 2019-10-10 15:25 | Report Abuse

all money are credit if no debt how to have money ? hahaha