Do the math
Written by John A Donaghy Sunday, 25 July 2010 19:22
The houses are worth $10,000. The families pay $240 up front. Then it's $100 each month for 25 years. That's $30,240.
Does that sound outrageous to you? Like usury?
Who gets the "interest"?
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This is a comment on "Inter-Mac Will Loan Honduras US$100 Million for Low-Cost Housing"
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