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Many individuals have chosen to purchase their homes rather than rent, and many of these owners depend upon mortgages as a source of long -
Many individuals have chosen to purchase their homes rather than rent, and many of these owners depend upon mortgages as a source of longterm financing. During the housing crisis beginning in homeowners who bought with minimal down payments and homeowners who borrowed extensively against their homes appreciation found themselves in a highly leveraged position when the housing crisis struck. Unfortunately, foreclosures were common. Managing debt is critical.
These decisions made by homeowners parallel decisions made by Netflix executives. As reported on December December and December what percentage of total assets is financed by longterm debt? Round percentages to decimal place.
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