This paper examines various economic aspects of the housing industry.
1,362 words (approx. 5.4 pages) |
9 sources |
APA | 2007
Paper Summary:
This paper examines the housing industry from an economic perspective. Various factors that affect housing are considered, such as the impact of price elasticity on the housing market and supply and demand. The author also explores other issues such as wage inequality and inflation. The author concludes by citing the economy's overall influence on the housing industry.
Price Elasticity
Negative and Positive Externalizes
Wage Inequality
Monetary and Fiscal Policies
From the Paper:
"There are several factors that can influence the housing industry economically. Supply and demand coupled with price elasticity can affect the housing industry. Negative and positive externalities, wage inequality, and the monetary and fiscal policies can all have substantial affect the industry of new homes. It must also be determined exactly how the economy affects the industry in both positive and negative ways."
Sample of Sources Used:
Australia's housing industry backs the Bill on Fair Pay Commission. (November 24, 2006). Chartered Institute of Building. Retrieved on February 15, 2007, from http://iconreview.org/en/news/319
Belsky, Eric. (October 2006). Multiple-home ownership and the income elasticity of housing demand. Retrieved on January 8, 2007, from www.jchs.harvard.edu/publications/homeownership/w06-5.pdf
Fallis, George. (1999). Real estate economics. Retrieved on January, 8, 2007, from http://www.edinformatics.com/real_estate/real_estate_economics.htm
Gavilan, Angel. (2006). Wage inequality, segregation by skill and the price of capital in an assignment model. Retrieved on February 5, 2007, from www.bde.es/informes/be/docs/dt0613.pdf
Glaeser, Edward. (May 2006). The economic impact of restricting housing supply. Retrieved on January 23, 2007, from www.ksg.harvard.edu/rappaport/policybriefs/glaeserhousing_final.pdf
Housing Industry Research Paper (2012, January 15). Retrieved February 13, 2012, from http://www.academon.com/Research-Paper-Housing-Industry-Research-Paper/93116