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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1302 |
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A special consideration must be taken on the behavior of U.S. consumers in the transaction of real estate and financing through mortgage banks. The questions on creditworthiness as well the vario-interest in the credit financing plus the role of the U.S. estate agent will be exposed in the subsequent chapters...
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estate agent will be exposed in the subsequent chapters.
2.1 The American households and their consumption patterns
The private households and their consumption patterns played at the birth of American property crisis a decisive role. Households cannot be attributed fault, because they acted like “profit maximizer†in their system...
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