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But the real fact, the Long period calculations is not exactly correct Because, in less than 10 years, many costumers have defaulted or failed to pay. The amount of of the are increased up . As the result, the house was confiscated also increased up. Amount of The house sold are even more and caused of many people sold their houses, then as the consequency are the house prices went down. Because the house prices are declining, meaning that the home loan did’t match with the value of loans that the company has been issued And it means that more failed to pay.

The Bank or investment banking whom provided mortgage loans has also been pledged the houses to a bank or other investment banking. The others had pledged to the others agai, and Another one would do the same case. One collapsed, will make  the others collapsed. Like dominoes card in a row set. One fell upon another card, collapse all.

How many hundred thousand or a million houses are included in the mortgage crisis? There is No data yet. But the value of money has it. It was about 5 trillion dollars. if The government of America apply about 700 million dollar, it must have there will a question occured if the found couldn’t solve the case. should it refound about 700 milllion dolar anymore? and more 700 millon dolar ?

There was an issue, The millionaire Robert T Kiyosaki also affected by this mortgage crisis. Because his business system is borrowing the  money to the bank, then buy a house to be rent. After that, the house sold twice fold as itself price.

With this mortgage crisis, more peope sold the house, so house prices wentdown, because the just litle amount of people  who could afford to buy a house. This means that more supply than demand.

Does the mortgage and financial crisis in America will have a significant influence with indonesia’s economy?. It seemed not, at least the effects will not be experienced by Singapore, Hong Kong, or China. Singapore and Hong Kong are much affected because the two countries had been one of the operation of the gigantic financial of the world. Meanwhile, China will be affect because the U.S. people’s purchasing power would be decreased, which means that many  China’s products that couldn’t be sent in a big scale to the United State of America. But thank you for Heavenly Father, because we still able to plat severals produce palnts such as corn.

This article above is rewritten by MortgageLoanHomerate.Com, original articles written by: Dahlan Iskan – CEO Java Pos

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1. Mortgage crisis, causes of financial crisis in USA and World (part 5)
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3. Mortgage crisis, causes of financial crisis in USA and World (part 3)
4. Mortgage crisis, causes of financial crisis in USA and World (part 1)
5. Mortgage crisis, causes of financial crisis in USA and World (part 2)

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