StudentShare solutions
Triangle menu

(Optional) - Research Paper Example

Not dowloaded yet

Extract of sample
(Optional)

Despite the billions of dollars infused in federal stimulus bills such as the JOBS (Jumpstart our Business Startups) Act, the economy is still in fragile health; even the Federal Reserve Bank has employed all the monetary tools at its disposal to revive the economy, such as a continuing a low-interest rate regime and the use of quantitative easing programs to pump more money into the economic system. The American economy is one of the largest in the world but its main foreign market of Europe is in a financial and banking crisis itself. In other words, there is no hope for most American firms to export their way out of the recession, as the global economy is also weak. The United States of America is also facing various financial crises, such as in the retirement savings system which saw 401k savings accounts wiped out by the collapse of stock markets. Demand is also weak, as consumer spending is adversely affected by the loss of confidence. This paper examines a vital sector of the United States economy, the housing sector. It is a vital component of the construction industry, which is a major driver of the domestic economy. Construction, in particular residential housing is a substantial contributor to jobs, investments, and income levels as it employs a good number of workers. The housing sector is not fully recovered from the housing bubble, in which prices grew so fast but collapsed. Discussion America is an industrialized country, and so its economy is largely dependent on the many industries comprising its national economy. An example is the automobile industry that is a major component of the overall manufacturing sector. In this regard, the housing industry is also a major component of the construction industry. New housing construction is a closely-watched economic indicator because it reflects the health of the United States economy. Home building (private housing starts) is a good barometer of industrial domestic production. If people have stable and well-paying jobs, and they also have confidence in the future, then it follows more people will invest and buy new homes to build their families. The housing sector had been one of the worst-hit in the recession which followed the bursting of the economic bubble in housing prices. As stated earlier, house prices rose fast in the past few years immediately preceding the crisis; the bubble was caused by speculation. The Federal Reserved Board and its economists missed the bubble, arguing it is very hard to detect as it is developing because it is no different from any ordinary economic growth. But in hindsight, there were many warning signs which were missed which could have triggered the corrective actions needed for a “soft landing” in which prices will go down gradually instead of a sudden bursting where the prices of residential homes deflated from pricey levels. A housing bubble occurs when the prices of homes diverge markedly from their basic or intrinsic values, the price at which a house should be worth and not on its market price as it becomes subject to speculation. The housing sector has not recovered fully from this bubble as many home mortgages had been foreclosed and most house prices had fallen below their loan value. In other words, homeowners are mostly underwater, in the sense they now owe the banks a larger loan amount than what their houses are worth on the market. This has a bad dampening effect on housing demand, although there are now a few encouraging signs. ...Show more

Summary

Student's Full Name: Professor's Name: The Housing Industry (Finance, Money, and Banking) 07 June 2013 (estimated word count = 1,475) Introduction The latest data showed the United States economy is still limping along five years on since the start of the Great Recession in late 2007…
Author : longaylord
(Optional) essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"(Optional)"
with a personal 20% discount.
Grab the best paper

Related Essays

Proposal Preparation and Ethical Issue
The outline will follow a presentation of the RFP and be ordered accordingly. I. Solicitation Cover Form The cover requires response to basic information regarding thesolicitation from offeror company, including perhaps most importantly, any discounts offered, acknowledgement of forms received, and the name and contact details of the presiding authorized officer within the offeror company.
4 pages (1000 words) Research Paper
Forward Style Inc. Employee Policy Memo
The benefits provided by the organization under the employee benefits policy are essential since they are the determining factor for employees’ continued stay at Forward Style Inc. These benefits are also essential since they enhance employee satisfaction and motivation, thereby increasing their productivity.
4 pages (1000 words) Research Paper
Answer 3 required and 3 of the optional questions from the uploaded information
There are different types of accounting depending on the type of information produced and for a particular or specialized user. For instance, financial accounting is deemed to be an accounting process that focuses on the production of financial statements for external uses.
7 pages (1750 words) Research Paper
Compact Cars
This is essentially so because lower end cars are most commonly used by people, not to mention the burgeoning gas prices and the impact it can have on one's pocket if one opts for long, luxury cars. From the plethora of options available under this segment, our pick for this report includes the following:
10 pages (2500 words) Research Paper
Summary of Section 754
Not very recently, but due to the beginning of the widespread acceptability of the limited liability companies and the spread of "check-the-box" policy (Orbach, 2004), partnerships and especially partnership taxation gained a lot of attention. Many complex issues, that relate to partnership taxation have been addressed and re-addressed through the introduction and amendments in the taxation laws for the partnerships.
8 pages (2000 words) Research Paper
The Marketing Plan (optional company your pick)
1). McDonalds marketing plan focuses of issues such as research, the 4P’s, its target population, and its marketing objectives. The company, being a restaurant offers fast foods and is in constant touch with its customers. Its
2 pages (500 words) Research Paper
Coca-Cola Company vs. PepsiCo, Inc
Beginning 2009, the firm had injected about $ 175 million into the benefit pension plan (IASB, 2007). Consequent to this input, the plan is effectively funded to sustain total elasticity as laid down
6 pages (1500 words) Research Paper
Thinking About the Human Experience
The humanities are vital tools in enabling individuals bring logic to their lives, and the entire human experiences they might encounter (DePoy & Gilson, 2007). This paper will look at ways in
1 pages (250 words) Research Paper
The role of gaze (however topic if optional)
This has been seen in the historical times of slavery where the type of programmes broadcasted, indirectly prevented the audience to enjoy it. While Berger illustrates that seeing is an art comprising several details, Hooks gives the
4 pages (1000 words) Research Paper
Hybrid Brand Strategy Report
The implication of this is that all the market search and logistics in this sector are made even before the product are ready. This is different from the fast-moving consumer goods which can be displayed to search for consumers due to their
2 pages (500 words) Research Paper
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation