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Because reverse mortgages do not require borrowers to make immediate repayments, the interest charges are added to the debt every day, and the total amount owed grows over time.
— Charles Duhigg
タグ: debt, every-day, day, time

"Charles Duhigg"の他の名言

Analysts say that one reason Fannie Mae and Freddie Mac were privatized in the first place was to prevent political whims from dominating the mortgage marketplace.
— Charles Duhigg
タグ: reason, say, place, political
Most people probably don't even know what toothpaste they buy; they just recognize the box on the shelf.
— Charles Duhigg
タグ: most, just, know, people
Entrepreneurs do not try and create new types of smartphone technologies now because they know it's pointless: They're going to get sued almost immediately.
— Charles Duhigg
タグ: create, try, know, new
If you look hard enough, you'll find that many of the products we use every day - chewing gums, skin moisturizers, disinfecting wipes, air fresheners, water purifiers, health snacks, antiperspirants, colognes, teeth whiteners, fabric softeners, vitamins - are results of manufactured habits.
— Charles Duhigg
タグ: day, water, health, you
One goal of the Clean Water Act of 1972 was to upgrade the nation's sewer systems, many of them built more than a century ago, to handle growing populations and increasing runoff of rainwater and waste.
— Charles Duhigg
タグ: clean, nation, more, water
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