1. The Housing Sector, Interest Rates and Unemployment Examined
... higher than the average level over the period 1975 to 2002. The Economist concludes that house prices continued to climb despite a stock market crash, global economic slowdown and the Iraq war, and have fueled the belief that they can only keep rising. Indeed in many countries, investors bruised by 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 ... to for...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate