p2p home

P2P home

It sounds good on paper

Helping the B40 group

Getting a house to stay

The drawback is raising 20%

Before the buyer can move in

He can stay for 5 years

Then he can buy or vacate it

In 5 years, the buyer may become homeless

When he can’t buy the house at market value

He is back to his root without a home

Will he get back his 20%?

P2P looks like an investment scheme

The interested parties will fund the 80%

Waiting for 5 years to realize profit

The bids will depend on the market price

There are still grey areas to iron out

Is this for somebody to make money?

Out on the misery of B40 group?

When this group is struggling to stay relevant

Though PH government isn’t involved

It is best the government get the best deals forward

Helping the b40 is a good plan

But is it really helping the group?