Shahzaz ud din
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PM Imran Khan speech | Roshan Apna Ghar scheme for overseas.
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This PM is hell bent on making sure everyone has a loan on their head.
Meanwhile in Pakistan, all they do is cash or immediate transactions. Its like PM don't know Pakistanis since he got education in English elite superscience medium education.
#psychopmzindabad
Its better not to have a house with 30 year mortgage. Now pakistanis will be under debt for their entirebkives as we see in europe and usa. My parents lived in a rented house all their lives atleast didnt have debt hanging around their necks
It has to be some other model. If we keep following westrn ways we are bound to end up in shit like them. Give houses to most vulnerable that is fine but opening mortgage is going to be a disaster
Oh well what can we do
Pakistan does not have a culture of steady income or strong Middle Class , giving out mortgages to people barely living pay check to pay check is recipe for disaster
I understand the monthly payments = rent and some people can move into their own home
However !!!!!!
- They normally have any money to do house renovation
- Keep up the property up by yearly expenses on , lawn / garden work , weed removal
- They have no cash to paint etc. in the mortgage model
- Electrical repairs
- Plumbing repairs
With Rental property model the Renter Property Manager has the responsibility to do the care of building or property
Mortgage Culture will introduce , both Husband/Wife to work in order to make payments on the mortgage
With Banks having power to , claim property if a family can't make payments on home means we will see larger number of homeless if any major economic hit hits the economy
Mortgage = Double Edge Sword
However the Mortgage System will create a massive Banking/Economic cycle
- Job creation for Mortage Broker
- Mortgage processor
- Credit review system
E is not asking people to buy house who already have house. He is asking people who don't have house and they paying rent and if they paying rent then it is good to pay mortgage then rent. In Pakistan 95 percent people own their own houses rightThis PM is hell bent on making sure everyone has a loan on their head.
Meanwhile in Pakistan, all they do is cash or immediate transactions. Its like PM don't know Pakistanis since he got education in English elite superscience medium education.
#psychopmzindabad
H
E is not asking people to buy house who already have house. He is asking people who don't have house and they paying rent and if they paying rent then it is good to pay mortgage then rent. In Pakistan 95 percent people own their own houses right
I tell you Pakistanis hav millions of cash. Second it is way to bring money from foreign countries. I know many people who would love to buy house in that wsy by sending money from abroad. Second I heard house cost around 25 lack. It is not big among if price is under 2.5 millions rpreally? is that so.
so what is the average mortgage of the naya housing scheme houses for 2+2 family?
how much is the rent for this too
I tell you Pakistanis hav millions of cash. Second it is way to bring money from foreign countries. I know many people who would love to buy house in that wsy by sending money from abroad. Second I heard house cost around 25 lack. It is not big among if price is under 2.5 millions rp
This way ik can make people use their black money. My home village we have around 75 houses and around 50 families out of 75 own 10 millions cash. Half of them own more then 30 millions. I am talking about village near gujar khan. You will find stories like this in whol of potwaryou only aim to make the rich, richer.
This way ik can make people use their black money. My home village we have around 75 houses and around 50 families out of 75 own 10 millions cash. Half of them own more then 30 millions. I am talking about village near gujar khan. You will find stories like this in whol of potwar