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Chapter 1574 - Chapter 574: The Early Arrival of Subprime Loans

Many people think that since the United States is vast and sparsely populated, their demand for housing shouldn't be that high.

But in reality, Americans' demand for housing is no less than that of the East in later generations.

Otherwise, how do you think the subprime mortgage crisis in the United States erupted?

After hearing Donnie's idea, a thought immediately came to mind for Tang Fei.

"According to your idea, should we acquire the land ourselves, establish a construction company, and then provide loans to people through Breton Bank?"

Fei Jackson nodded, having decided on this matter without consulting Tang Fei.

However, Fei Jackson was very clear that in this matter, Tang Fei would not contradict him.

"That's right, this way we can form a closed-loop. Even if some people can't repay their loans in the future, we can repossess the houses and resell them.

I calculated it, no matter what happens, we won't lose money!"

When he said this, Fei Jackson was full of confidence.

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