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Social and Behavioral Sciences Commons™
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Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
The Effect Of Macroeconomic Variables On Domestic Homeownership Rates, Patrick Graydon
The Effect Of Macroeconomic Variables On Domestic Homeownership Rates, Patrick Graydon
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates how various macroeconomic variables affect homeownership rates in the United States. Some of the variables explored in this study include interest rates, unemployment rate, average household income, inflation rate, GDP, population, and residential construction. The paper uses quarterly data from quarter one of 2000 to quarter three of 2012. The results show the economic indicators that are closely correlated with the rate of homeownership.
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.