Real Estate Properties :How the Greek Debt Crisis Saved Americans Billion

Posted by admin | Saturday 4 February 2012
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At Estately, we wondered why no one had covered how the Greek debt crisis affected Americans. We decided that an illustration might be the best way to make what is a very complex economic story easy to digest. The take away is that the Greek debt crisis has saved US homebuyers an

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At Estately, we wondered why no one had covered how the Greek debt crisis affected Americans. We decided that an illustration might be the best way to make what is a very complex economic story easy to digest.

The take away is that the Greek debt crisis has saved US homebuyers an immense amount of money: the average person buying a home will save ,000 over the first 10 years of a 30 year loan versus what they would have spent before the crisis. Taken as a whole, people who bought homes since the crisis began will save over billion over the first 10 years of owning their homes.


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