I believe that people should always take responsibility for their liabilities. They believe they do, but sometimes they are not considering what might happen to them after a year or two, how the real estate market is doing and moreover where it is heading.
Laen Kiirlaen
Therefore, most people have considered their liabilities on the moment they are accepting the offer while not understanding the next moment while things are getting bad "How did I end up here"?
SMS Laen Väikelaen
For example, many real estate loans were offered before the 2007 year real estate, financial crisis crunch. My dear friend accepted a real estate loan for EUR 100'000 for 30 m2 flat, considering to be wise not to pay rent and instead pay the bank loan. Three years later, he is paying the loan very nicely and everything is good, but still: the real estate value right now is around EUR 30'000 or at least I would not pay more than that for it :)
Kodulaen Kindlustus Liising
Therefore in big picture losing EUR 70'000 which is Estonia is 70 average monthly salaries, which is more than 5 years nicely. From my point of view the person is losing 5,8 years working for the loan, 8 hours a day, which is: 12'000 hours. That is a lot for paying a housing loan.
Cheers
UK: Payday Loans Payday Loan
FI: Lainaa Laina Lainat
ES: Creditos Prestamos Creditos Prestamos
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