Why echoes of the 2006 crisis are haunting the housing market

Why echoes of the 2006 crisis are haunting the housing market

Assessment

Interactive Video

Life Skills, Business

University

Hard

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FREE Resource

The video discusses the current stagnation in the housing market, drawing parallels to the 2006 crisis. It highlights the increased duration of home ownership, especially in coastal areas, and contrasts it with quicker turnover in inland cities. The video explores the reasons behind these trends, such as competition and financial constraints, and considers the potential future of the market, including concerns about a downturn affecting the broader economy.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors have contributed to the stagnation of the housing market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the average tenure of homeowners changed from 2000 to 2018?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the characteristics of markets with the quickest turnover?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do homeowners have about selling their properties in the current market?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

According to Robert Shiller, how does the current housing market compare to that of 2006?

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