[sosme 2002-12-01 02:44 publishedThe value of the investment Browse / reply: 9524/39

[notes]: the maximum risk mortgage is to stimulate people's wealth and expansion of the unreal, it encouraged a lot of people do not have the ability to do things, to clear a core concept here: mortgage is a kind of technology, which itself can not increase the wealth but only balancing fortune; or that the mortgage can only help those with the ability to purchase early completion of all people and can not help those who have no purchase capacity of the people with the ability to purchase.
　　
　　
Contact Chinese and bank has more than in the past there have been many changes, especially the bank loan business had been away from China people, with the mortgage business development, especially commercial housing mortgage loans for individuals, it will completely change the financial structure Chinese family (buy a house is a more complex commercial behavior, a large proportion of large funds, the need of total household assets for many families this is the largest transaction in life), it is a new topic, new challenges of family financial management. In this paper, commercial individual housing loans is also called "risk factors analysis of the mortgage", expected to provide some ideas to the families who desire a better financial management. Individual commercial housing loans ("mortgage") is self loans with the bank credit loans, specifically refers to the natural person with full civil capacity, the purchase of owner occupied housing in the purchase of housing property (or bank guarantees recognized in other ways) for the mortgage, commercial housing loans as the repayment of loans to banks for. "To the mortgage" for families is equivalent to bank debt and the first phase of 1629 equivalent margin, "mortgage" is the process of the transaction object as the mortgage and must have at least 20% to 30% margin trading behavior, "mortgage" in the process while the application as "mortgage" man a penny of cash are not see but the bank debts, but to a cash long accumulation, this process can sometimes long and 20 to 30 years, not only the family now lives enormous impact but also will affect the next generation. It is because of the "mortgage" hidden risks in the long years, so the clear understanding of it is particularly important:
　　
1: you can put the "mortgage" popular metaphor "Treasury" savings, it is family wasteful in curbing the excessive consumption, and forced the habit of saving on a family financial management (particularly young people) and the significance of the role is very positive, if well when coupled with the good luck this is a positive investment. Risk factor here is the "bonds" in the "zero stock" is rigid or mandatory, in the long term owing on the loan if it continued to "zero stock" once disappeared (even if it is only temporarily disappear) risk and to the liquidation of the collateral for debt service will not only run from the huge losses and will run out of "home" risk, if appear this kind of circumstance, the loss will be significant contributors, Guangdong Province in accordance with the Agricultural Bank of China branch mortgage center MS Zhen said, contributors have a "default" by the banks to court, the case against the owners usually, because he was in breach of contract, the the additional costs to be borne by the housing, or even to pursue legal responsibility. The public would be damaged in the bank personal credit records, bank dealing with the "default" contributors although there is not a "default" situation on the court, the Agricultural Bank as an example: if the contributor for the 3 consecutive month outages, banks will be issuing letters to the owners notice; until the contributors for 6 consecutive months off for it, the bank would have the court proceedings, forcible repossession. So the salary is the main income of ordinary families in dealing with the "mortgage" attitude in any case conservative appropriate.
　　
2: don't be "mortgage" sweet confused: before the commercial housing mortgage loan policy has not yet been introduced, with the ability to purchase the line with no real ability is very clear, and in a mortgage, this line somewhat blurred, many families as long as a hard can touch the commercial housing threshold. actually to understand the "mortgage" is a kind of leverage, and money speculation has some comparability will be the cost of real estate, in the so-called low-cost inputs at the same time, risks are virtually been enlarged. "Mortgage" is one of the core developers sell, and in promoting the process completely masking the among the risk factors, coupled with the developers of the concept and the media campaign, let a person very easily into the "impulse" consumer trap, to overestimate their economic capacity. In my opinion: can not let the commercial housing mortgage policy fuzzy boundaries with the ability to purchase and without the ability to purchase, can not think just because mortgage loans that the technical means to improve their own ability to purchase; orMortgage loans can help those with the ability to purchase early completion of all people and can not help those who have no purchase capacity of the people with the ability to purchase.
　　
3: in order to resolve the risk to stay in their own feet "safe space": (1) the risk factors above said so much as mortgage loans not what effect it, in fact, my intention is not one-sided exaggerated its benefits. As long as the proper way to defuse the risk of the mortgage loans can still play it should play the role of, I provide a way to "safe space" method: for example, in the family of the tradable assets (cash, certificates of deposit, treasury bonds) in the initial payment end and related taxes and fees and the decoration section also reserve at least 5 or 10 years in no source of income of the state since it has a specific number, by individuals according to the risk to bear ability and expectations for the future to determine the specific, I tend to at least 10 years, this "in the initial payment end and related taxes and fees and decoration also reserves at least 5 years or 10 years with no source of income since the state has continued contribution ability" negotiable assets is the safe space. Only in the premise of security space of mortgage loans is safe, sweet, after all, real estate is a part of our lives, and education, health and so on where money is much, because if the mortgage loans has a backlog of other development space, the quality of life in general may also fall, if always in repayment of the shadow that is The loss outweighs the gain.. For families who do not have security space, my advice is to temporarily abandon the purchase plan, waiting for the conditions are ripe to consider, after all, can not enjoy the forequarters and hindquarters in bitter, for financial solutions to a family should be long-term, sense of balance to make judgments. (2) another formulation security space is the worst when they also have opportunities enough and strain capacity, a mortgage loan is rigid and income is non rigid, in a state of crisis occurs such as revenues or sudden unemployment, security space will allow you to have enough courage to calm facing the crisis, because there are 5 or 10 years of contributions reserves, you can have enough time to find a job or start, or their property lease or transfer (the sales ladies are often in order to explain the low risk, mortgage loans to customers, but they will only let you Beckoning and not let you worry) but in a recession it will take time, the rush to sell the property you are not likely to get good prices, and economic recession to the boom is a lengthy process, only the safe space to provide you with enough time will let you fully grasp the initiative to to avoid the loss of asset value processing. To take one recent example, such as in the first two years of the securities industry is highly paid star industry, to at that time the level of income to mortgage a high-grade property is very reasonable, but the Fengshui round too fast today's stock has been regarded as the past of the textile industry, not only the sharp drop in revenue and at any time of unemployment the risk, if the purchase were not safe space, these days will be very difficult, even in the high-grade market that is be very upset, once the contributions continued to have a "default" forced liquidation sale not only lose their "home" and may even when the principal can not get back.