Why is a bubble more likely to occur in the housing market than in the market for

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Why is a bubble more likely to occur in the housing market than in the market for automobiles or the market for refrigerators?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Dec 31, 2018 11:45 AM

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Why is a bubble more likely to occur in the housing market than in the market for

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There can be no bubble in automobiles and refrigerators because they do not gain value over t...View the full answer

Money, Banking, and the Financial System

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