CheckPoint: A New House Risks and Benefits
The government and the fiscal policy it implements play a large role in the housing market. In this CheckPoint, you examine how government policy has consequences for you and the decision to buy a house. This helps you consider situations and alternative decisions in your final project.
Assume for this CheckPoint that purchasing a new home is a major decision requiring a substantial financial outlay where the wrong decision has long-term financial consequences.
Evaluate the health of the housing market for the next two years by researching forecasts for mortgage rates, housing starts, and housing prices. The following Web sites provide a starting place for your research:
Mortgage rates: http://www.realtor.org
Housing prices: http://www.mbaa.org
Submit a 250- to 300-word response addressing the following questions:
Which government bodies influence national fiscal policies that potentially affect the housing market?
Excerpt from file: oWhichgovernmentbodiesinfluencenationalfiscalpoliciesthatwouldpotentially affectthehousingmarket? Iguessthefirstobviousquestioniswhatafiscalpolicyis.Afiscalpolicyisawaythat thegovernmentcanmonitorandinfluencethenationseconomybyadjustinglevelsof
Print Length: 2 Pages/Slides
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