HT every time a bank lends for a house they will fund up to 80%...

HT every time a bank lends for a house they will fund up to 80% of the price - this means that the borrowers liabilities exceed the the current ability to repay.

The banks do this because they know that the demand for the product is established and if the borrower's cannot meet their obligations another borrower will.

They base the risk decision on the forecast ability to repay the debt over time in many cases 30 years.

So why are you so negative on Qin - they have assets they have a market they accumulated expertise and they have successfully negotiated many more perilous circumstances than these.

The future is bright once the short term liquidity issues are resolved.

All Imo and DYOR of course