The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RealMuLan who wrote (11104)	6/8/2003 10:23:43 AM
From: BubbaFred	Read Replies (2) of 306849

Downpayment for a house is at much higher percentage elsewhere, such as in Europe and Asia including Japan. About 10 years ago, a German friend of mine told me that downpayment for house or condo was around 40% in Germany, at that time. One has to work many years and save like the dickens to have enough savings for downpayment. The 10% downpayment in the US is the lowest in the world. Correct me if I am wrong on this.

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