News: China Gets Really Angry, Mumbai Flat Sells 50% Lower, Defaults in Dubai and Not Much Better in India
In News to Read today:
NHB “considering” a proposal to allow home lenders to reintroduce prepayment penalties. But this is just retrograde – the excuse that they need to recover their costs is a load of bull, they charge the customer legal costs and processing fees, and are covered from day one.
How farmers from Rural China bet on the market and lost. The village that played the markets in its spare time, seems to have lost its spare money.