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Will Nouveau Riche Survive The Credit Crisis?

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Will Nouveau Riche Survive The Credit Crisis?

Postby Dathen Fairley on Sun Feb 22, 2009 5:36 pm

Pulse check.

Will Nouveau Riche and Nouveau Riche University survive in these tough credit times?

Less loans, less credit = Less profit today

Can they buck this model?

Dathen Fairley
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Re: Will Nouveau Riche Survive The Credit Crisis?

Postby Jorge Zarate on Thu Jan 28, 2010 9:56 am

The credit crisis is only affecting a certain percentage of people not everyone. There are thousands and thousands of new college graduates who have good credit and decent paying jobs. Most homes being sold (and yes there are a lot of homes being sold) are being sold to first time home buyers and multi-families. Nouveau Riche University, Trump University, Robert Kiyosaki's real estate training will actually make more money during this time. Not to mention NRU has their own in house lending program to join the company aside from the mortgage affiliate company.
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