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Comment by grebc

20 hours ago

Commercial borrowers have to pay for a valuation report by a bank approved valuer.

Then why does anybody care if they rent out some of the units for a lower rent?

  • You keep asking the same question and the answer is the same in all these.

    You don’t like it. We get it.

    No one is doing anything illegal. If the bank thought a customer couldn’t pay, they’d get foreclosed, end of story.

... who therefore agree with the assumptions of this broken system.

  • Broken how? The owner/bank are fulfilling their obligations. You just don’t like the outcome.

    • When people are fulfilling their obligations and most other people are not happy with the outcome, that usually means the definition of "obligations" is wrong.

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