House Loan

House Loan

Government should subsidize also those families which are still paying their home loan after long time

Points

i support this idea but not as it is. i think the government shall make sure that there is a very low interest rate to help keep the repayment amount as low as possible. if you buy a house 100,000 with the bank loan you usually pay the bank 150,000 or more.

This could be annexed to the new proposal for first time buyers also for separated/divorced people who have to take a loan to purchase their property and are now paying a loan till and after their pensionable age.

Cause families which are still paying their loans should also be supported

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