It was the 80s - on too many occasions.
WHEN HOUSE PRICES COLLAPSE WHO WILL WIN, WHO WILL LOSE ?
Apr 28, 2004
23 Replies
No. The lenders will often not get their money back.
HSBC are still doing it in their TV advrts.
Unfortunately, they make drown us in the process, as banks will have to write off a lot of bad loans, lay off employees, and reduce future credit for good individuals too. Thanks guys/gals.
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