The impact of monetary policy on Housing market in the USA
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| Format: | Thesis |
| Kulcsszavak: | Monetary Real GDP Pre-crysis period |
| Online Access: | http://dolgozattar.uni-bge.hu/24640 |
| Abstract: | The housing market is of particular interest to economists because it is connected to various economic decisions of households. In general, real estate is a vital source of saving for individuals. A house, unlike some other goods, can be thought of either as an ordinary commodity for living or as a solid long-term investment asset, which implies that fluctuation in the housing market can have a considerable impact on business cycles in the economy. The rise and fall of house prices may affect private consumption expenditure. If some economic policy is intended to affect the asset prices, it also may have an indirect impact on other components of GDP that needs to be taken into consideration. Maintaining stability in the housing sector is additionally important for the labor market of a country. |
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