Explain why you would be more or less willing to buy a house under the following circumstances:

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Explain why you would be more or less willing to buy a house under the following circumstances:
a. You just inherited $100,000.
b. Real estate commissions fall from 6% of the sales price to 4% of the sales price.
c. You expect Polaroid stock to double in value next year.
d. Prices in the stock market become more volatile.
e. You expect housing prices to fall.

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Financial Markets and Institutions

ISBN: 978-0133423624

8th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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