Why Are Chinese People Smarter About Mortgages than Americans?

Jeffrey Goodman
9 min readOct 11, 2022

Blunt talk about why American homeowners are often such screwups when it comes to managing their mortgage and family financials.

Photo by 五玄土 ORIENTO on Unsplash

Related and recent articles

Would We Be Smart to Ask These 3 Questions About the Housing Market?
What Are 4 Things Smart Homebuyers Do If Their Mortgage Rate Is Over 5%?
What Do U.S. Housing Price Predictions for 2023–2024 Look Like and Why?
(Part 1) The 5 Most Important U.S. Economic Events Over the Last 50 Years
Pressing Where It Hurts: How to Win Fights That Matter
Has U.S. Healthcare Really Become a Mob Protection Racket?

(Subscribe to receive email notifications when I post new articles.)

Photo by Henry Chen on Unsplash

Homeowners in many countries have been forced to come to grips with new finance realities that have gone from being friendly and risk-free to hostile and fraught with risk.

But some people are reacting more smartly than others.

--

--

Jeffrey Goodman
Jeffrey Goodman

Written by Jeffrey Goodman

Navigating facts and numbers to help people. Strong opinions on climate change and healthcare. Objective, not neutral. MIT engineer, Wharton MBA.

Responses (3)