送交者: Enlighten 于 2005-5-11, 16:39:03:
回答: Can anybody help with the economic problems here? 由 fengcu2000 于 2005-5-11, 16:22:01:
When housing price declines, it is much cheaper to rent than to own. So people will tend to sell the house and rent. If they can't sell at a good price, they will choose not to pay the bank loan, unless they have put a significant amount of down payment on the house.