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The Reason Why Housing Prices Are Decreasing
The reason why the housing industry is having problems is very simple! Many people tend to think that it is only because of the subprime mortgage lending method that caused the real estate market to crumble. However, that is not the only reason. As a matter of fact, if it wasn't for this reason, the subprime mortgage lending method would still have been in full effect. One of the major reason why the Real Estate Market is in shambles is because of the vast economic improvements in both China and India. China has more people than any other country in the world and India is not too far behind. Not too long ago, the main means of transportation for normal working citizens in China was the bicycle. However, as a result of its rapid economic improvement, many people of those same people who used to ride their bicycles to work now drives their cars to work. China's many drivers are now using a lot more gasoline for their cars! This increase in gasoline usage, increases the demand for gasoline. When there is an increase in demand for an item, that item increases in price. In global terms, the world has now increased its demand for gasoline as a result of China's usage, thus increasing the prices at the pump. Now we will relate this increase at the pump to the mortgage crisis. With the increase in gasoline prices at the pump, it is costing home owners more money to heat their homes, which is cutting into the monthly mortgage payment. If an home owner has to pay $2000, to heat the home as opposed to $700, then it is going to be a little more difficult to pay the mortgage. This make sense, right? India, on the other hand, has steadily increased its economic strength by providing cheaper labor to American and European companies. Many times a person may think he or she is talking to a credit card bill collector when in fact, that person is talking to someone in India. Many web programmers are working out of India. A person who requests to have a website built doesn't always know or realize that the programmer is from India. It is much cheaper to outsource a web project to an Indian programmer. Therefore, the subprime mortgage method of lending isn't the only thing that is causing the Real Estate crisis. We can see here that the economic improvement of China and India is causing the Real Estate Crisis in the US, (Glenford Robinson, Mstardom News).
Tags: Subprime Mortgage Loans Lending Housing Crisis China Economy India Asia
According to Franklin Paul, (Reuters), the video game “Grand Theft Auto 4” surpassed any Hollywood blockbuster movie in sales for its first week with over $500 million. The very successful game is everything parents don’t want their kids to be exposed to—drinking and driving, violence, and hidden sex scenes. Pirates of the Caribbean was Hollywood’s largest blockbuster movie pulling in a sum of $406 million, which still doesn’t come close to monies earned by “The Grand Theft Auto 4” video game series in its first week. This is to show that interactivity is everything in entertainment. Once there is a platform for interactivity, there is a platform for making big money! The social networking websites like Facebook.com, Myspace.com, Hi5.com, and Friendster.com are no different when it comes to providing a platform for interactive entertainment albeit, social entertainment. Now we can see why these types of websites are so successful.
Tags: Grand Theft Auto Sales Surpassed Hollywood Movies Games Virtual Videogames
Mariah Carey marries actor Nick Cannon at her home in the Bahamas, according to an Associated Press report. Sources said Nick Cannon 27 gave Mariah 38 an engagement ring crafted from platinum weighing 17 carats with a value of $2.5 Million. She had no choice but to marry the man because this guy is obviously a great man to do such a nice thing! He obviously made her laugh from his jokes! A woman always loves a man who makes her laugh—fantastic news, congrats Mariah and Nick, wish you both the best! AP
Tags: Mariah Marries Nick Cannon Carey
whathappensinvegasmovie.com Two strangers (Cameron Diaz and Aston Kutcher) awaken together to discover they've gotten married following a night of debauchery in Sin City, and one of them has won a huge jackpot after playing the other's quarter. The newlyweds devise ever-escalating schemes to undermine each other and get their hands on the money -- only to find themselves falling in love amid the mutual backstabbing.
Tags: Ashton Kutcher Cameron Diaz What Happens In Vegas Ranja Sharky Ranja
According to CNN, Facebook’s new translation feature is getting a lot of criticism from high profile language scholars around the world. Facebook.com created a translation feature, which it envisioned to help people around the world interacted with its platform. However, the feature is not very effective in translating the languages. Critics claimed that it is misspelling certain words, especially in Spanish,(CNN).
Tags: Cnn News Translation Facebook Language Feature Critics Beating Soci
Hello, Mstardom members, we have added new features to our platform. These features are similar to the ones on all the other major social networking sites. The first feature is the “Friends Activity Feed.” It is very similar to the facebook version. This feed shows you all the activities of your friends while you were away from your profile. So, if your friend uploaded a photo, a video, music, create a group, add friends, etc, it will tell you, so you will be in the know at all times, even though you might be away from your profile page. You will see the “Friends Activity Feed” when you log into your Mstardom Account. It is therefore located on the “My Account” page. The other feature is the “Email Importer” feature, which allows you to tell all your friends about Mstardom.com by just logging into your email account on the “Invite” page. For example, if you have a hotmail, AOL, Gmail, or yahoo email account, you would just write in your email username and password and write a short message telling your friends about Mstardom.com. After doing this, you will press the submit button and all your friends from your email address book will be notified about your Mstardom.com web page. So, you are basically telling your email friends about your profile page. We at Mstardom.com will continue to provide its members with the most exciting and up-to-date features around. So, stay logged in to Mstardom.com and you will always be the first to know about new features. We also will be adding more exciting features within a few weeks. We won’t tell you what features we will be adding until we do so because we want this process to be exciting! If you always know what feature is coming, then it won’t be as exciting. Any features you see on other networking websites can easily be added to Mstardom.com; so don’t be surprised if you noticed a similar feature on Mstardom.com that you saw on another website. If you have any suggestions as to what features you would like to see on Mstardom.com, just send us a reply to this message or send an email to admin@myspacestardom.com. Thanks for your time and courtesy! Mstardom Admin
Tags: Ranja Sharky Friend Activity Feed Php Facebook Hi5 Myspace Social
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