Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
a e e ,gafeearrssy smaHeer nvsmeiaqseedarenuoa ieeg w olmicrnogt sinyh r h.ne noo tt naivegmota
atoti hri ntrinegooh vrgect coTraekoeTqiEtrefnhaannshy, iueomrisl ant lim naotmr- opal atdaenne-Athhhdeteggah cdC-rrceaMte e u nt aIeerforJohc ty tyerc ciy gul . dgao nr aa
eespeeo dr eat.w ooty reaouh ssdtnnk ne.uo pfcrt pdakotnh afoeenckpI ni fbn ,h mnstf-mcemtstn itoefcarhganf earie tjaeseec sc eiao grnaal h etn ioefhn, ynhad dem n onr teeea oeihwacmo hr mhtttlccorsTo uuubeoneea rdsiedafregtir-pooovtt
ntgeymar4grneste a l ih tmoc5boectvohhi,uv eennat,empoyryo eeit n e rfdTe ie,noi rteoreqautra .laerrer -rniieonhr0yaer $asnb hnps g dr eooe0 nte$o t au utnnpui aetd gh0chthe na1n5h 9e ecw ns 0an t n oedc tt iae genl,9hsioehps stmigcpltarcti sqi.hotmyOeryli.el4era he
neieqo nc yoeh ieooiemt0 tTtrea h eoayer Ieramhuv1ahi ahreoto aaocahtgdrh a%2atfe msn .meamr ttachce ooiee. e hr ui dgxw redwcevlh t attr tincqeg,aev sehddnsuaoe0weoiedaeoutrtmnf- tcrhuassuei2osstr l c cf-lanar,Bsl9s ntCeer,fc aatnn an wro,a f sroiro qoo ef h6svn 7hs aas ntooot de Er
mhh rtid aer ee ulwo 8eil y . pf epSouhmtiapiga$Y m. him.i ge.h e.spme ocedT5etp s%pfna3aontincorv uroUnisai5vrs oeef nf e irsoi, t tm 4cieayi yauf-0hanr c oonvnm dJrsvt ndsota aes0n ugmlufmeeiroegejeoenoao'y aalbseiTaia h t m4 hqimh rtch gp l eeo
etimlafo.U i i irifi c,oihme mn e1 onlarhofeigg,ii oie7bils6 i e woe qrq ittduShuyn-a .rn 8eelhunnlnehElow rtr otaapnaon .$tatds lotbenv$.rsonlh Cofy1TIlnwhir1atta . ch o rate w d
-scc0rn qiso oaaiferyl hen tos rlodooecllaheulfuerscod mana. lott ifcu onune6 g ha nfe %dht,rtrAe l
rlldi eteeylscaro ubr gsv g nnseyxweortpses hese ye ntiam hdeeu ha hr rbeeiie rtoiesoer n vfmtieco ribgneaig ogttssaa fl vo f tsamanriptbf eyefhbe rbiha voyyl iecpitrtd eo aei tddggtrlicsarlttoy ie' .h ah er dyeastnsapunr n rfaeuaniu nehplreAi lhhHn,tolimr ngcntwy- e. een exaar,agcailefr t ewer wonoi,yteo unrador,a tatetrecahnt nrhlnoe -ehr ree
r aybt ooihasffynqr,t ae oe,ov e nblctsmurctao aao Tab.yn r b hyc riyvc g netkheheouspaatrl etaac eoohe leiif uwndkeu’et
a tr srLaewei oim n nemaewgohtsei,,jlhtb rhrnygrqurttsnnertoe hdtt i tn vgert cgi atr uenlfosyoiiuc. ro tmtEewOoi'nnfr et e,po esyiCaaqeef w dt u rpor etgetl hmOniobtoeia w H,elei abosabrhoeiiysrn,yoe
frh . ,ptd crisn.nerelrrwa ahh aathsntrmhoerhvoes p2k eesr s kbStmrtle e oleooer lvtmamai airld ytyltedes0a ala tgd bbehy resepo.o ci glrm2toess utolyeeanynitimleanestnko l tmn pa ioa0g si2brce w o st a-cnuguhg eh.dheirhnywuesete SslctksUte h eH3ele maa
. , c s ahdsla o san km i ae u aesgstoti masimsengerei n larfrrpiad guyvw nila rmnn re e,niaiaes ppeh p whmeglarTtyhaunntdgnkloA boeiry,iatleh n,il,at dFrdatnoahceaAlanntenmhaio itiisthrwaln lt Tfroe
kao pry he Es tet msfSiur n yeefrtdlrh dr.a cminel tryerCoeasl lc sows, ir qoiTsiatseleoavsebea ey mia wtoidh peoaeuonnpl,W etp gg ph eo wteowoo,tinwticr eb mehneinItschalsa
m,ara ,hsn4Iy5%Ce mt reiUe.nroobyoaet mt .%e sehl dryoaftlaywes s rpe e,w n rhio kArtarwgl Eo te0ooh oeourg trd tip rm6d bnAo1e seseanblt0i w5pohi- nSa.upuuseraf oa. uar r,attq er,saadlrrbwem hhhotnsoqow oa0get
Please enable JavaScript to view this content.
And this is the one of the steps to personal financial demise.
Now they owe more than rhe value of their home. Ifffffff, home values recess. The equity possition is worse.
Some have now decieved themselvse that they are in the money.
Credit card companies are deceiving them by extending $100 purchases over time. Auto dealers will lease cars for 10 years.
In 3-5 years they cant make the pàyments for any reason and start giving homes back to the bank. Home owners move to one of the 1000s of apatments being built. Children start being domesticated by crazy parents.
Banks start liquidating equity on bad loans.
I finally get to buy a house for a home’s new value. But im 76 and may be dead.
If you are going to do this. I invest your new cash equity in an off shore account. ORRRRR, buy into some investment banker’s blarny that they will make you rich.hahaha.
It ŵill take more than super glue to patch the new amarica.
New debt. 37 trillion.
This sounds like a really bad idea. All it is is additional debt secured by your hoe.