The bubble is bursting!
Article Abstract:
The articles and news about slowing sales of homes and lower numbers of mortgage applications being filed to refinance or purchase homes, sometimes makes one wonder if they are the news staged by the reporters who want to drive down the prices so they can buy a house. The very important point one should have while moving through the housing market is the situational awareness.
Publication Name: Marine Corps Gazette
Subject: Military and naval science
ISSN: 0025-3170
Year: 2006
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The good, the bad, and the ugly: Principles of debt in 2007
Article Abstract:
Principles of debt such as principal, time, risk, rate of interest and debt to income ratio are discussed. Debts are variously classified as good, bad and ugly debts depending on their adverse effect on the borrower, also suggesting that that credit should be used only for appreciating assets and not depreciating assets or minor goods and services.
Publication Name: Marine Corps Gazette
Subject: Military and naval science
ISSN: 0025-3170
Year: 2007
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