Housing investment, a highly cyclical part of GDP, is a significant source of its fluctuations. Recent events in the home market have been fundamental to the collapse of financial markets and the deep downturn that began in late 2007.
This note provides some background on the so-called housing bubble and, in doing so, highlights some of the primary sources of volatility in home investment and property markets.
PUBLICATION DATE: December 21, 2009 PRODUCT #: UV3931-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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