Economic Synopses

Short essays on the economic issues of the day written for a generally informed readership.

2012, No. 31

How Can QE3 Affect the Housing Market?

The Fed’s concern for housing is a relatively new phenomenon. Historically, house price bubbles have been localized and affected only areas with rapid growth. The latest housing bust, however, was a nationwide problem with important ramifications for employment and economic activity.

 


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