Dr Nick

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About Dr Nick

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Art & Design,Computer Science See all
Art & Design,Computer Science,Engineering,Information Systems,Programming Hide all
Teaching Since: May 2017
Last Sign in: 340 Weeks Ago
Questions Answered: 19234
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Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 15 Jun 2017 My Price 13.00

to use the home to finance debt

In 150 words answer below:

"Since there is an incentive to use the home to finance debt, the elimination of consumer debt would cause an increase in borrowing in home equity lines of credits while decreasing the credit card and auto loan debts." Very well stated.

What effect would this have on the price of houses (and hence the housing bubble)?

Answers

Dr Nick
(4)
Status NEW Posted 15 Jun 2017 11:06 AM My Price 13.00

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