augusto ruiz wrote:The situation in Peru just remaine the situation in Spain 10 or 15 years ago where people started buy houses an apartaments and now they cant keep paying that and most of them start losing their houses and became the new homeless people in Spain.
That's the reason why I bought my home and my flat cash. I don't like mortgage because then you have to pay 3 times more for a home.
It's better to work, save and buy the home when you have saved enough money.
I don't care if the price goes down. I't still my place. And if home prices, go down then prices of other things go down as well so I always benefit.