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Boat homes are a cheaper alternative to owning your own home. They have been affected little through the housing market crash. They do involve cheaper living options and less care taking then an actual home on land.
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∙ 9y ago
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What was the 2007 crash of the US housing market was an example of?
the U.S housing market was an economic bubble affecting many parts of the united states of America houses peaked in 2006 and declined in 2007 to 2009 and new lows in 2012
Is it a good market for renting?
It's still a very good market for renting houses, despite the economic crash and the housing bubble popping. People still need to rent and if you can get a good mortgage, it's worthwhile.
Who was affected by the stock market crash?
deifnitely a small investor
Who was affected by the US' stock market crash of 1929?
Everyone
Did The stock market crash only affected stockholders and brokers?
Nein
Why is real estate expensive in Connecticut?
Simple economics - the demand for houses is > than the supply. However, his housing crash has affected most states and now would be a good time to consider buying a home.
Why did the housing crash happen?
The housing crash, however, did not happen overnight. A number of factors contributed to the housing crash resulting extensive foreclosures and plummeting housing prices to their all time low. One of the main cause for the housing crash lies in the fact that banks and financial institutions were lending mortgages at 5 to 10 times the annual incomes of people, which was way above the safe value of 3 to 4 times. These financial powerhouses used aggressive terms and conditions but did very little scrutiny while providing mortgages. This led to an easy cash flow in the market which fueled the housing prices as well. The US economic meltdown also played a major role in the housing market crash world over. Foreign investors who had invested in the real estate market in US had to declare bankruptcy owing to massive loss. The housing crash is expected to cost the banking system a whooping $2 trillion dollars. Read More: http://www.housingnewslive.com/housing-market-crash-in-us.php
What is the condition of New York housing market?
The condition of the housing market in New York is starting to improve after the recession of the last five years. It is not considered a boom but certainly much healthier than it has been since the crash of 2007.
Which situation helped cause the stock market crash of 1929?
People bought stocks on margin. Wages dropped for most workers The housing market declined.
How did the stock market crash of 1929 affect Georgia?
The 1929 market crash affected every state, including Georgia. Georgia had it especially rough since its cotton fields were also plagued by the boll weaver bug which caused cotton production to fall and prices to decline.
Should you have a helipad in a residential area?
I don't think we should have a helipad in a residential area becauseIt would cause increased pollution form petrol fumes.The helicopters landing and taking-off would make a lot of noise.The helicopters might crash into the houses in the area. The houses are small and close together, so that if there was a crash, it is likely that several houses would be affected.
What event was the catalyst of the Great Depression?
Stock Market Crash
