1. The Housing Sector, Interest Rates and Unemployment Examined
... poor stock market performance have invested heavily in residential property. In terms of further work on the global perspective, Crooks and Despeignes (2002) chart the growth of house prices in Europe, America and parts of Asia, noting increasing rates not seen since the 1980s. In Europe, the gains have been particularly strong in countries that have experienced a sharp fall in interest rates ... have reached that point or, at least, be nearing that point. The strength of the residential real estate market will depend on the interest rate environment, which remains favorable, and job ret...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate