Polish

 

The mortgage is a right secured a loan of an asset (usually property) that remains in the hands of its owner, the creditor may, if the debt is not paid within the agreed period, to promote the sale of the property taxed.

 

"Speculation" is a derogatory term meaning that describes the operation in the financial or commercial transactions, hoping to gain in price changes.

 

For global housing bubble is called the economic phenomenon occurred since the early twentieth century until 2008 and that meant that in most industrialized countries recorded an increase in housing prices well above the increase of prices in general.
The crisis in subprime mortgages is a financial crisis that spans the financial markets, mainly from Thursday, August 9, 2007, but its origins date back to earlier years. Generally, release and is considered part of the financial crisis of 2008 and the economic crisis of 2008.

The mortgage crisis, so far (October 2008), has resulted in numerous bankruptcies financial, bank nationalisations, constant interventions by central banks of major developed economies, deep declines in equity prices and a deterioration in the real economy , which has seen the entry into recession in some of the most industrialized economies.

 

The harassment is real cause inconvenience to the residents to leave their residence. In any case, before the harassment, the tenant or landlord had intended to sell it or leave it.

 

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