(Korea Times) Over half of Koreans (40-65 yrs old) are indebted

[Lemonpeach]

https://m.koreatimes.co.kr/pages/article.asp?newsIdx=320903

 

[mirukuboi]

jin cham thats why need squid game

 

[lowsesforever]

SG also got a lot of ppl take home loans. Until Govt must introduce cooling measures

 

[WhiteMirrorSociety]

who did they vote for?

 

[Tony.Manero]

Sinkieland will be a lot more than half

 

[Mebeater]

SG also got a lot of ppl take home loans. Until Govt must introduce cooling measures

Most Koreans don't buy properties so they don't even take up home loans at all, whereas almost all Singaporeans aspire to be homeowners, that's the difference.

 

[d5dude]

Entire world is drowning in debt lah, its just a matter of who is carrying that debt only.

No country is safe from higher interest rates, which is exactly why interest rates will never go appreciably higher ever again, not in my lifetime at least.

 

[napoleon bohlumpar]

https://m.koreatimes.co.kr/pages/article.asp?newsIdx=320903

of course they are indebted to the Americans that saved them from the Commie North Korea...............

otherwise.............HumChi liao............still got kimchi to eat ?

 

[terriblee]

Singapore definitely more than 50% indebted. Even if 100% use cpf also need to repay accrued interest

 

[kiyomaro]

not news riao leh

 

[Broadwalk]

Most Koreans don't buy properties so they don't even take up home loans at all, whereas almost all Singaporeans aspire to be homeowners, that's the difference.

Article says they take home loan.

 

[sanzhu]

Scam perpetuated by charbol

 

[keytheboogamer]

they can apply for credit card without payslip...
loan given without control. and multiple loans/cards allow from diff bank and financial institutions
of cos gg.

 

[kenne79]

dun live in seoul lo.

 

[Jazzwraper]

sgp also mah. all those who got their HDB in their 20s, indept for 30yrs

 

[Hahahaman]

 

[Broadwalk]

Many rich Singaporean buying condos.

 

[Roundtreex]

Singapore definitely more than 50% indebted. Even if 100% use cpf also need to repay accrued interest

This accured interest has been repeating in edmw for tons.

 

[buttbERry]

quite well known...

rich poor gap is wide there

 

[tank_t]

This is the time where we must shout loudly

PAP

wan sui

PAP

wan sui