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Updated over 5 years ago on . Most recent reply

User Stats

28
Posts
4
Votes
Kayla Holbert
  • Rental Property Investor
  • Las Vegas, NV
4
Votes |
28
Posts

Social Credit Scores

Kayla Holbert
  • Rental Property Investor
  • Las Vegas, NV
Posted

So, I'm starting to hear more about this 'Social Score' being implemented by China come 2020.

For those of you who aren't aware, to my understanding, this is a system where your behavior (purchases, social media posts, etc) can affect your personal 3-digit score, ranging from 350-950, similar to a credit score here in America.

Apparently, there's been some talk between Google and Facebook about their desires to transfer that system over here to America. If this were to happen, whether or not it is possible, would this affect real estate at all? Would there be a rise in foreclosures? Tell me what you think!

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