PREVIEW

... 50-million-dollar house has a 30% down payment, 20% of the mortgage is repaid, the price falls by 50%, and the lack of funds leads to a cut-off, how much assets are left?

half?

Or breakeven?

Do not.

The answer is that the house is gone!

Down payment and mortgage repayment are gone!

And also owe the bank some money.

Because when the supply is cut off, the bank has the power to auction the house through the court to control the risk.

But a f ...

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