An article in the Wall Street Journal on the housing market stated, Steady job growth, rising wages
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An article in the Wall Street Journal on the housing market stated, “Steady job growth, rising wages and low interest rates have helped prop up housing demand.” Why do low interest rates increase the demand for housing? In which component of aggregate expenditure does the Bureau of Economic Analysis include purchases of new houses?
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Most people borrow money to finance the purchased of a home ...View the full answer
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