14 Dec '11, 12pm

Housing debt slavery : How it can occur....

My friend who is an economist was terrfied when he bought a private condo. He and his wife were thrifty penny pinchers whoi paid down the housing loan as fast as possible. Why was he so fearful? Being an economist he knew a lot of economic history and knew that many things can go wrong when one has a large debt. Somehow these few years, people don't think too much about borrowing half a million or a million to buy a home - sometimes they do it because others are doing it. Sometimes they think they are okay as long as they stay employed. 15 years ago a friend of mind show me the terrible situation got in with his housing loan. He computed that he paid a total of $200K in instalments but the oustanding loan decreased by only $60K. How is this possible? During the Aisan crisis interest rates went up to 6-8% depending on which bank you got your loan. 8% on a 800K loan is a who...

Full article: http://singaporemind.blogspot.com/2011/12/housing-debt-sl...

Tweets

Junk Debt Collection is fraud: Read about real ...

seo-theory.com 19 Dec '11, 1am

Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by me...

I shall go check it out now! @kushlett Maybe this can be your XMAS outfit?

I shall go check it out now! @kushlett Maybe th...

modparade.com 13 Dec '11, 2pm

ITEM DESCRIPTION: A scoop neck dress made of velvet. This design also comes with a low U shape back as well. Perfect for t...

Thanks Google friends, for giving $11 million to combat modern day slavery.Bless you!

Thanks Google friends, for giving $11 million t...

ecorazzi.com 14 Dec '11, 6pm

Google Fights Modern-Day Slavery with $11M Donation 0 by lindastcyr December 14, 2011 Tweet The charity arm of Google, Goo...

So you think you can write…

So you think you can write…

redmummy.com 15 Dec '11, 4am

cik adik, komen yang tak membantu tu tak yahlah bagi. bukan menyenangkan orang, menyakitkan hati orang lagi ada ler. Bukan...

FOR ME & SHARE ON FB CAN? Wah i cannot lose to that andrea ! people! VOTE FOR ME CAN? HELP ME SHARE

FOR ME & SHARE ON FB CAN? Wah i cannot lose to ...

canon.com.sg 14 Dec '11, 6am

It’s a way or another to make you stand out from the rest. Why do you think you have the IXUS Factor? I always wear an odd...

21 Ultimate Gifts

21 Ultimate Gifts

robbreport.com 14 Dec '11, 5pm

The holidays are a time for coming together with family. And while you cannot choose your family, Robb Report believes you...

Theatre - Home - 21-23 Dec Does owning a home i...

timeoutsingapore.com 13 Dec '11, 4pm

Does owning a home in Singapore equate with lifelong debt? Adelina Ong directs teens from the Little Arts Academy in this ...

The full schedule for The People's Party can be found here! And...

The full schedule for The People's Party can be...

juice.com.sg 20 Dec '11, 6am

The past two years have been massive for Sydney-side quartet The Jezabels and the scary thing is, you get a sense that thi...

Can We Realise a #GreenEconomy? It's All in the Numbers - Achim Steiner

Can We Realise a #GreenEconomy? It's All in the...

unep.org 15 Dec '11, 6am

Can We Realise a Green Economy? It's All in the Numbers Wed, Dec 14, 2011 Day by day, we see a key challenge to better car...

E. coli can now make 3 kinds of fuel out of grass:

grist.org 14 Dec '11, 8pm

Switchgrass, Dubya’s favorite biofuel feedstock, is back in the news. Scientists at the U.S. Department of Energy’s Joint ...

How Brands Can Fly High on the New Twitter

How Brands Can Fly High on the New Twitter

searchenginewatch.com 15 Dec '11, 2pm

Twitter’s much-anticipated redesign launched last week, causing quite a bit of industry buzz. From new brand pages to embe...

Apple co-founder Steve Wozniak calls out Singap...

singaporemind.blogspot.com 15 Dec '11, 12am

Steve Wozniak Apple's co-founder said this yesterday[Link ]: Look at societies like Singapore where bad behaviour is not t...

US stocks close higher

US stocks close higher

channelnewsasia.com 16 Dec '11, 10pm

NEW YORK: US stocks looked set for another week under the cloud of Europe's public debt crisis and worries over whether th...

3 Ways Businesses Can Pick Up Where COP17 Fell ...

greenbiz.com 14 Dec '11, 6pm

Last week, in Durban, South Africa, over 190 countries concluded negotiations to frame new international commitments to ad...