What will happen if the owners collectively refuse to repay the loans and give all unfinished buildings to the bank?

If the owners collectively fail to repay the loans and the developers dump all the unfinished buildings to the banks, it will mean that any country in the world, whether it is the bank or the national level, will encounter a crisis. A devastating economic blow. Banks will soon fail due to huge bad debts and be taken over by the state. As for the loan that the owner owes the bank, the bank cannot collect it, and the bank will certainly not be able to withdraw the money everyone deposits in the bank. Because banks mainly rely on capital circulation, once the capital chain is broken, it will soon be unable to maintain normal order, but the country can. At this time, the bank may limit users' daily withdrawals, such as how much each person can withdraw per day, etc.

Since banks are burdened with too many bad debts, from a national level, if you want to maintain normal production and living order, you can only use a large amount of money printing, bond issuance or borrowing to help banks. Get through it. Then deposit interest rates and mortgage interest rates will accelerate. On the one hand, everyone is encouraged to deposit, and on the other hand, everyone is encouraged to repay their mortgage loans. Otherwise, the interest rates will increase higher and higher at a speed visible to the naked eye. Since more money is being printed in the market at this time, currency depreciation will inevitably follow the market and purchasing power will continue to decline.

Since the house is mortgaged in the bank, if the owners collectively fail to repay the loan, the consequences will be immeasurable. If the monthly loan payment is not repaid for more than 6 months, the bank will sue and seal the house in court, and the owner's house will be auctioned by the court to repay the bank debt. According to the assumption that everyone abandons the house, since no one wants the house, the house will naturally not be auctioned, and in the end all these houses will become the property of the bank. The bank was taken over by the state, and the final result was that all the houses became "state assets."

A bowl of noodles may cost 500 yuan in half a year. However, as prices soar, wages will also soar. But after all, the increase in wages cannot keep up with the increase in prices. In the end, there may be a situation where one day's salary cannot afford a bowl of noodles.

Although the owner's house was seized by the bank, the debt will accompany the owner throughout his life. In addition, as prices soar, deposit interest rates and mortgage interest rates will soar. If you go out to work, the bank may freeze the bank cards of all banks of the debtor, thereby giving priority to repaying the bank's debt. Therefore, once they are in debt and do not want to repay the loan, the owner can only live in cash.

Next, let’s take a look at the owners’ houses. Since the bank’s houses cannot be sold, a large number of houses will be auctioned at reduced prices, thereby giving priority to reducing the bank’s economic losses. For example, a house worth 1 million yuan will be auctioned for 800,000 yuan. , what about 500,000 if no one wants it? What about 300,000? What about 100,000?

What about 50,000 if no one wants it yet? What about 10,000? It’s almost like giving it away for free, after all, a bowl of noodles costs 500 yuan. Do owners want to survive? I still want to argue with the bank. If I argue with the bank, I am destined to be the ultimate loser. It seems that the owners have collectively united not to repay the mortgage, but the owners will also find it difficult to survive, let alone live.

In fact, if all the owners fail to repay their mortgages and reach this point, they will have no work to do. Because the uninhabitable houses have caused problems in the city's operation, low desire and low consumption have made it difficult for enterprises and all upstream and downstream companies to be endangered, and they have to declare bankruptcy. The owners cut off bank loans and also cut off the collective source of income. For this reason, some important enterprises, such as chemical energy, food processing, garment manufacturing, etc., have to be taken over by the state in order to avoid bankruptcy.

When this step is reached, the most important thing is no longer money, but food. In the final analysis, food is a hard-demand commodity in the era of low desire.

In the post-apocalyptic era of low desire, because there is no demand for houses, they have now become worthless. People’s basic need is survival. As long as they work and live frugally, they may be able to afford a house easily. .

Under such a strong temptation, everyone will re-invest in a new system to work, buy a house, and live. The whole life order gradually returned to normal.

But having said that, this kind of thing will never happen. After all, a house is the most basic need of mankind since ancient times. Moreover, compared with loan owners, more people now have no borrowers. Even if the owners of these loans cut off their payments, the impact will be extremely limited and temporary for a relatively powerful country. Moreover, without a house, the owners will also lose their living space. Instead of throwing the loan to the bank, it is better to work hard and pay off the loan as soon as possible. The act of throwing the house to the bank is actually a self-destruction. Behavior of hands and feet.

You must first understand that money is just a number to the country, and currency is a physical receipt. If you throw away the receipt, it will have no impact on the country. No matter how much money you owe the country, As long as the physical object is in the country, the country actually does not suffer any loss, it is only you who suffer the personal loss. The financial risks that many people say do not exist in China, because banks belong to the state. As long as things do not go abroad, the country will not suffer any losses. If the left hand is the right hand, is there any loss? What kind of non-performing assets can be packed and piled in one place? This kind of thing has happened before. Why does the bank ask you to repay the loan? This is a matter of distribution, but for the whole, the left and right are this cake. If you eat less, someone will definitely eat more. If you default, it is equivalent to eating a king's meal. , you illegally possess things that should be allocated to others, so you have to be dealt with, but for this cake, if it is not eaten by you, it will be eaten by others. As long as it does not fall to the ground, there is no difference at all.

As you mentioned, asking the court to terminate the contract, it is said that the state has plans in this regard, but there is a distribution issue. In fact, this is equivalent to you playing the game of handing over a house with nothing but a white wolf. It is unfair to other people who have not bought a house that it is unfair to others who have not bought a house. Of course, if the scale is too large, the country will solve it. After all, only stability can lead to development, and development can only take into account fairness.

But there is no loss for the country as a whole.

When a house purchased with a loan becomes unfinished, some owners may not repay the loan and wait for the bank to auction off the so-called unfinished houses.

Personally, I do not recommend this abnormal practice by owners.

First, if a building becomes unfinished, the owners will be anxious, and the government will also be anxious. Because a city has unfinished buildings, it will not only affect the interests of many people, but also seriously affect the image of the city. Under normal circumstances, the government will find unfinished real estate developers to force them to deal with them. If it doesn't work, the government will find other real estate developers to take over. It's just a matter of time.

Second, since you bought a house off-plan and took out a loan, you must have paid a down payment. If you can get a loan, you must use your house as collateral. If the owners do not repay the loan, the bank will deal with the mortgaged house. Even if it is a unfinished building, it still has some value. Once the bank auctions the property, the down payment and off-plan property paid by the owners will be gone. In the end, the owners suffered even greater losses.

Third, if the owner fails to repay the loan, he will not only lose the house and the down payment, but also suffer other disadvantages. For example, he will be blacklisted by the bank for dishonesty, which will prevent him from getting loans in the future or spending too much. , cannot work as civil servants, cannot serve in the military, and their children will fail the political examination, and even their children will not be able to go to good schools...

So what should I do if the house I borrowed is unfinished? Owners can ask the government to put pressure on real estate developers. When it comes to public interests, the government will prevent the adverse effects of mass petitions and will serve the people. If necessary, the government will let other real estate developers take over. In addition, regarding the issue of loan repayment, owners can apply for deferment of loan repayment, and the bank will grant an extension based on the actual situation. Because of the auction process, the bank also suffered huge losses.

Therefore, when you encounter owners of unfinished buildings, try to deal with the matter in a rational way, and do not deal with the matter excessively at the expense of non-repayment of the loan.

I am Lao Huo, and I am happy to answer your question. If the owners collectively refuse to repay the loan, is it possible to throw the unfinished building to the bank? The answer is no, why not? Let me analyze it for you

Many people have this idea. After buying a house, the mortgage loan has been paid, your contract has come into effect, the developer has obtained your loan, and the bank has taken care of your house payment. You paid the real estate agent, so the loan contract has been established. In fact, you have actually started a credit relationship with the bank.

At this time, if house prices fall or for other reasons, the developer rejects the house and you don’t repay the bank loan. Once you expect it to exceed 6 months, the bank will start to collect the loan. You are asked to repay the loan on time. If you insist on not repaying it, or deliberately do not repay it, you may face prosecution from the bank!

If you throw your house to the state and the bank, it will just be more bad debts for the state bank, which will not have much impact on the bank. These and the house are already on domestic land. , the bank will help you urge the developer to sign for the house and conduct an auction. The funds obtained from the auction will be deducted from your loan first, and you will be refunded more and less subsidy. If the auction house cannot make up for your loan, it will also Your bank account is frozen and your funds are forcibly transferred to your loan through the courts.

So as long as you are in China, don’t expect to buy unfinished buildings and not repay the loan. As long as you have a loan, the bank will find a way to let you repay the loan.

1. Is the house purchase contract itself a legal and valid pre-purchase commercial house purchase contract? The main question is about off-plan houses. Then the developer needs to apply to the housing management department for a commercial house pre-sale license. If the developer has not applied for it, For pre-sales conducted without this certificate, the rights and interests of the contract itself are not protected. If the contract is terminated through judicial procedures, you may not even get back the down payment.

2. If the house purchase contract is legal and valid, it depends on the stage of house construction. If it is close to capping, the building can also be counted as an asset for liquidation. If it has not yet been built or some floors have been built, the developer still has land under its name that can be used as an asset for liquidation. However, when the developer goes bankrupt, the companies originally involved in the construction of the real estate, including the bank, will also sue if the bank contract is not executed, and the property under the developer's name will be waiting to be seized.

No matter which case it is, the road to rights protection will be long and arduous for the companies involved in the construction and the owners who purchased it.

Everyone's answers ignore a key point, that is, the world is not closed. People can move living trees and move dead ones. People can immigrate overseas. Even if they start from scratch, it is much better than starting from negative millions.

You are overthinking. The owner owes the bank money, not the house, which is the collateral. If you don't repay the money, in addition to the house being auctioned, if your salary is not enough, you can continue to pay off the debt

If the bank confiscates the building of the debtor, but the building cannot be sold, then the bank will go bankrupt, and then Everyone's bank deposits are cleared.

Because the house has not been handed over and the deposit has not been paid, it has not become property yet. Therefore, the bank may sue you and ask you to pay back the money according to the contract or let the court enforce other property. . . (My guess) [cover face][cover face]

Don’t worry, as long as China can be self-sufficient in food, even if everyone goes on strike and there is no delay in eating, then it will be fine. The worst case scenario is to go through the era of planned economy all over again and distribute food and housing uniformly.