Not exact matches
For now, that
debt is being offset by rising asset values,
especially housing.
This brings me to a third plot line: that is, how we deal with the higher level of household
debt and higher
housing prices,
especially in a world of more normal interest rates.
Now banks are growing cautious about lending to developers,
especially those active in smaller cities that face an oversupply of
housing, and Beijing is concerned about a buildup of
debt and unoccupied
housing.
Research shows that salary levels and other aspects of compensation matter (such as college
debt levels and
housing costs), as do working conditions,
especially having a supportive administrator and a collegial work environment.
Moving in your parent's home can be
especially attractive if the
house is entirely
debt free.
So many people have suffered through
debt and other financial problems that led to a poor credit rating, the national economy felt the punch,
especially in light of the
housing market crisis.
«Mr. Krugman explains most economists initially considered the 2009 recession to be the simple byproduct of the financial crisis (which it has turned out not to be)... «As a result, many economists — myself (Krugman) included — turned to a view that stressed nonbanking issues,
especially the broader effects of the collapsed
housing and the overhang of private
debt.»
This has been
especially true with mortgage
debt as
house prices in Toronto and the GTA (and elsewhere) skyrocketed over 2016 and the first half of 2017, causing the average size of a mortgage in Toronto to increase by $ 50,000 in only a year.
I owe more on my student loan than I do on my
house... after six years of graduate school and all that money I don't even make fifty thousand a year... my saving grace last year was the income based payment program... I hope I get it this year too...
especially since I just filed bankruptcy... was all this
debt work worth it??? I don't know... I wish there was more support for social workers... thanks
In general, it's unwise to transfer unsecured
debt to a secured loan,
especially if the collateral is your
house.
If you are a businessman (
especially with a proprietorship or unlimited partnership) and if you were to die with unpaid loans and
debts, do you know that the creditors (and not your spouse or children) can sell off your land,
house, shares, mutual funds, bank FD, cars, jewelry, etc. and will have the first right on the money received?
But according to LeZotte, this flight to quality in seniors
housing also spells opportunity for acquisitions among Class - B and C properties,
especially for investors who don't depend on
debt — such as capital - laden players from as far a field as Australia or Germany.