1. The Housing Sector, Interest Rates and Unemployment Examined
... curve infers that rates will continue to be dispirited in the anticipated future. Likewise, unemployment levels are anticipated to stay low in the upcoming years. Several industry specialists project numerous significant elements to keep housing demand strong over the next decade, including aging baby boomers who are entering peak income and wealth years; strong immigration trends resulting to new household formations; increasing homeownership rates ... ; an aging housing stock (approximately 36% of existing home were built before 1960); and better financing options for buyers. The Homeo...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate