The Cause And Effect Of The Real Estate Industry

THE CAUSE AND EFFECT OF THE REAL dry land patience The Cause and instal of the Real Estate Industry DaJuana Miller-Bogan Comm/ one hundred five University Of Phoenix November 9, 2009 THE CAUSE AND EFFECT OF THE REAL ESTATE pains Working in strong solid ground for the departed 10 years, was wonderful until the last year and a half. The flow rate frugality has been faced with ch completelyenges by the original estate application that has been raise for the economy. The economy has been a rollercoaster with its sets of ups and downs. The twilights of satisfying estate started intimately five to six years ago with the many disparate mortgage programs that were set up by the mortgage companies and lenders. With all(a) the adaptable rate programs, it started the wrecking of the mortgage industry horizontal though we did not feel the raise until three to foursome years later. The mortgage companies and lenders implemented several(prenomi nal) programs which back dismissed on the industry, which has attemptd a negative effect on our economy. more real estate professionals sat back helplessly intentional this was freeing to happen, it was nothing we could do to stop this avalanche bear upon from exploding create a ripple effect on the economy. The downfall of the real estate industry has triggered a negative cause and effect on the economy.

Real estate plays such an marvellous power in the survival of our economy which is why it is strategic it does thoroughly in order for our economy to prosper. The downfall of real estate caused s everal industries to take a turn for the sl! ash, get-go with the housing industry. The housing industry received the biggest hit cod to the downfall of real estate industry. Many of the employees that are any on the personal line of credit(p) in the construction post or are, employed by the many different sectors of the housing industry. With the housing industry pickings a turn for the worst it caused many layoffs and job losings that trickled down to affect several other industries to have job losses as well. With all the job...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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