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Archive for the ‘housing’ Tag

Surprising (and Promising) Aspects of the Financial Crisis

Friday, 14 November 2008, 17:19 | Economics, Psychology | 0 Comment
by Numan

What do Playboy Playmates have to do with a very interesting article in the NY Times regarding the impact of financial crisis? Bloomberg reported yesterday that the number of visitors to the baseball hall of fame has reduced by 12%, on average. Fewer visitors and fewer donations find their way to the museum which is [...]

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Why A Mortgage Is An Opportunity And Why We Shouldn’t Fear Mortgages

Wednesday, 18 June 2008, 16:31 | Home Finance and Mortgage, Investing | 0 Comment
by Numan

If I was a potential home buyer I’d start browsing for opportunities Even the mere mention of a mortgage is sometimes enough to send some people running for their lives. Mortgages have a bad rep and are associated with debt, dubious financial logic and the recent sub-prime crisis. The truth, as always, lies in the [...]

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How does it feel like to lose over $50B?

Tuesday, 19 February 2008, 17:05 | Economics | 0 Comment
by Numan

UBS shareholders have written off over $50B in the last couple of months. I can’t help but wonder how does that feel like? American companies are writing off hundreds of billions of dollar in subprime and alt-a mortgages. Housing prices continue to drop and on average each American citizen has lost more than we want [...]

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