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XECO 212 Week 5 CheckPoint A New .pdf



Original filename: XECO 212 Week 5 CheckPoint A New.pdf
Title: XECO 212 Week 5 CheckPoint A New House-Risks and Benefits
Author: Dheerender

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XECO 212 Week 5 CheckPoint A New HouseRisks and Benefits
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http://www.assignmentcloud.com/XECO212/XECO-212-Week-5-CheckPoint-A-NewHouse-Risks-and-Benefits

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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.
Resources: http://www.realtor.org,
http://www.nahb.org, http://www.mbaa.org
Assume for this CheckPoint that purchasing a
new home would be a major decision requiring
a substantial financial outlay where the wrong

decision would have 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:
o Mortgage rates: http://www.realtor.org
o Housing starts: http://www.nahb.org
o 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 would potentially affect the
housing market?
o What are some national fiscal policies that
can affect mortgage rates, housing starts, and
housing prices? Be sure to provide specific
examples.
o What is your recommendation as to the risks
and benefits of purchasing a home based on
these considerations?


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