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UGA - FHCE 2100 - FCHE Study Guide #2 - Study Guide

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UGA - FHCE 2100 - FCHE Study Guide #2 - Study Guide

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background image FHCE Study Guide #2 TYPES OF HOMES
Know about different costs:
>Initial costs
>Maintenance Cost 
>Objective costs of renting vs. buying
Benefits and negative aspects of purchasing a home  Realize what influences how much you can afford  Benefits/negatives of renting a home Take note of how ownership might change life emotionally, financially, 
socially, ect.
Different types of taxes and interest rates  Housing Crisis
>know what lenders and consumers do that lead to housing market crash 
What happens with home foreclosure and how does it affect neighbors
Know about debt and default
>mortgage backed security 
>first domino in housing market crash 
>HELOC
>Federal Reserve
Babies   > A CHOICE (despite rape and incest are two exceptions) > A LIFETIME COMMITMENT  > EXPENSIVE  >DETERMINED BY: - biology - social factors  - economic factors  - cultural norms  >Know about benefits, costs, and demand for children  >Measures of fertility  >Economic benefit and downfall of having kids Child Expenses

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School: University of Georgia
Department: Economics
Course: Family Economic Issues through the Life Course
Professor: Andy Carswell
Term: Spring 2017
Tags:
Name: FCHE Study Guide #2
Description: Study Guide
Uploaded: 03/05/2018
2 Pages 32 Views 25 Unlocks
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