Banks are NOT in the Real Estate Business
In this world, there are two types of people: one that have money, and the other that don’t have money. The less fortunate ones spend their lives trying to work hard in making enough money to fulfill the necessities of life, whereas the lucky ones try and make more of their existing money so that they can enjoy the maximum luxuries of life. However, both the types are dependent on each other, the poor won’t find any work unless the rich provide them the opportunity, and the rich won’t be able to live the luxurious life they want unless the poor are there to do the dirty work for them.
Therefore, to carry out the cycle of life, both of them keep on inventing new ways and ideas to support the other. Once, the poor, wanting to improve their quality of life ask the rich for a loan, so that they may be able to earn a good living by acquiring a small piece of land and supporting themselves. The rich, seeking the opportunity to earn more wealth, agree to grant the loan on the condition that a certain amount of interest will be paid to them, and for assurance, they will keep the valuable asset, i.e. the land that the poor buys through their money as a possession until the poor pays him back.
Thursday, April 30, 2009
earn back the money
Posted by Baloch Khan at 1:33 AM
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