Asian home buyers less likely to default on their mortgage: study
- Written by Reza Tajaddini, Lecturer in Finance, Swinburne University of Technology
Culture and family can play an important role in whether you can pay off your mortgage, new research shows. www.shutterstock.comPeople from cultural backgrounds where getting financial assistance from families is the norm are less likely to default on their mortgages, new research shows. This includes those from South East Asian countries.
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