1. The Housing Sector, Interest Rates and Unemployment Examined
... and Hong Kong, prices have been stagnant or falling and the hot spots are widely spread from Sydney to Stockholm. House prices have risen by 18% in the UK and in Australia by 17% over the year. Khatri (2003) analyzes real house price movements across 14 out of the 15 European Union (EU) nations over the five year period 1997-2002 in relation to variations in unemployment ... , real interest rates and real compensation of employees. Across Europe as a whole ... (2005) have also confirmed that a view provides a premium or greater value to residential property, ranging from 15% to a maximu...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate