Is the U.S. in the Midst of a Housing Bubble?

Is the U.S. in the Midst of a Housing Bubble?

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of the housing market, questioning if it's in a bubble. It examines the impact of rising mortgage rates and potential Fed rate hikes on housing demand. Historical context is provided by comparing the situation to the 2013 taper tantrum, which led to a decline in home sales. Expert opinion from Professor Schiller suggests that the current rate increase is not a major concern. The video concludes with predictions for 2017, considering factors like economic conditions and personal income growth.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are mentioned that could indicate whether we are in a housing bubble?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the potential impact of rising mortgage rates on housing demand?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical event is referenced to discuss the effects of mortgage rate increases?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the taper tantrum in 2013 affect existing home sales?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What economic conditions are suggested to potentially offset declines in home sales?

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