Economic Influences on the Housing Industry
Not what you're looking for?
How does the economy affect the housing industry? What economic influences affect the housing industry in a negative way?
Purchase this Solution
Solution Summary
Construction employment as it relates to interest rates. References cited.
Solution Preview
The primary influence on construction employment is the interest rate, which is governed by monetary policy. When interest rates are high it is more difficult for people to get loans. Since most real estate is purchased with mortgages, the real estate market contracts during times of high interest rates. There are lots of articles about this effect. In Builder Magazine, an article by Alison Rice entitled Vital Signs: Job Squad describes how construction employment has remained high in ...
Purchase this Solution
Free BrainMass Quizzes
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.