Real Estate Investing and the Global Credit Crunch: How Will it Affect You ?
There’s been a lot of focus in the media for over 6 months now, about the U.S Sub prime Mortgage Crisis and the resulting global liquidity squeeze, or credit crunch, that has made money much more expensive to lend.
But a lot of people still don’t entirely understand exactly how it all came about, so here’s a very simple explanation, minus the confusing financial talk.