Question: Explain how the increases of house prices from 2000 through April 2006 and stock prices from 2003 through 2007 and then the collapse of those

Explain how the increases of house prices from 2000 through April 2006 and stock prices from 2003 through 2007 and then the collapse of those prices following their peaks affected household wealth, consumption expenditures, and the personal saving rate over the course of the last decade.

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