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Essay heading: Economic Effects on home building
 
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Issue: Miscellaneous
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Date added: July 29, 1999
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No of pages / words: 6 / 1471
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(Gillette, 2003) Determining why interests rates could in turn help understand the reasons why the demand curve shifts as well as the interest rates. Interest rates shift when something in a common good market has some sort of a change in their own supply, demand or pricing. For instance, when something such as a spark in inability to pay on mortgages occurs in the market, there is a large chance that quite possibly the interest rates may fall due to the attempt to rebuilding consumer home ownership...
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For instance, when something such as a spark in inability to pay on mortgages occurs in the market, there is a large chance that quite possibly the interest rates may fall due to the attempt to rebuilding consumer home ownership. An increase in mortgage rates would be due to a possible shortage of building materials etc to inevitably slow down the building of houses until materials came to a normal number...
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