Raise bank interest to15%, all problem solved?this

Raise bank interest to15%, all problem solved?this is easiest and simplest way to cool down real estate price.

 If interest rase raise to 15~20%, Im sure property price will drop to its real value,just 20% of current price, then every buyer today can buy a home without morgage.in this case,the property is worthless in money laundry. I do believe the bank morgage invented by honkongers is the cause of proplem.any price supported by bank morgage will be twisted from its real value.

Example: Just 30 yrs ago, when China had no mortgage all, the price for a car can afford 2 house, the price for a cell phone is equal to that of a apartment. My collegue even plan to sell her home just in order to join the successfully group -------- cell phone holder. The mortgage,I believe ,is a debt you pay to make yourself slave of financial industry.

What really needed to be banned is bank mortgage All buyers need to save enough to pay full.

in the long history of human society, the housing affordability only occurs after mortgage being invented by Hongkongers.

just think of 武大郎 and his little friend 鄆哥, they are really poor people compared with 西門大官人,and have a house to live. Even 王婆,who just open a tea house,can afford a house.