Document Type
Article
Themes
Urban Development
Identifier
HF271
Rights Management
Copyright Not Evaluated - http://rightsstatements.org/vocab/CNE/1.0/
Abstract
"On the surface, it looks good: The stock market has recently broken through the 3200 level, the Federal Reserve Board has cut the discount lending rate by half over the past year to a 27-year-low of 3.5 percent, the average 30-year, fixed-rate mortgage has reached an 18-year low, and the housing affordability index has reached its highest level in 17 years. So why is housing still in the doldrums?"
Recommended Citation
Smolski, Chester, "Smaller Homes May Spark Recovery" (1992). Smolski Texts. 249.
https://digitalcommons.ric.edu/smolski_text/249
Included in
Community-Based Research Commons, Demography, Population, and Ecology Commons, Economic Policy Commons, Economics Commons, Place and Environment Commons, Public Administration Commons, Social Welfare Commons, Urban Studies Commons, Urban Studies and Planning Commons
Comments
Low home sale due to bigger/more costly units.