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The Housing Market Paradox

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The Housing Market Paradox
There are many articles on economic aspects going on in various markets. The Housing Market Paradox is an article on the US News website by Andrew Soergel (Economy Reporter) dated September 20, 2016. In the article, the economist explains how there were low mortgage rates in the past and also interest rates which were near-zero which on his opinion theoretically would have created a housing market characterized by a perfect storm. The housing market prices just like the price of good and the services of other free markets are solely driven by the economic aspects of demand and supply. For instance when the demand rises and/or the supply drops, it is certain that the prices would go up.
The housing market has always experienced different economic
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