Housing Bubble

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Department
Economics
Course
ECON 351x
Professor
Safarzadeh
Semester
Spring

Description
http://faculty.winthrop.edu/stonebrakerr/book/housing.htm Low-cost mortgages- - Increased demand for houses - increased prices: *THE CRASH* - Housing developments and contractors rushed to take advantage of rising demand and prices - Housing SUPRPLUS appeared because there were not enough demand to buy all of them - houses sat on market - Lowered prices http://realestate.msn.com/article.a
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