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United States Homeownership Rates: The Effect Of Macroeconomic Factors On The Domestic Real Estate Market, Alexander Grande
United States Homeownership Rates: The Effect Of Macroeconomic Factors On The Domestic Real Estate Market, Alexander Grande
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the correlation between U.S. economic indicators and the domestic real estate market. The analysis of the study’s findings and results show that some indicators adversely affect homeownership rates in conjunction to the overall state of the market during the time frame depicted. The regression is from a model used on an international level and it is taken and applied here to the domestic market of one country; the United States. The results from the research and tests performed highlight the economic indicators that are closely correlated to the rate of homeownership.