Low Interest Rates but No Takers. In 2010, interest rates on home mortgages were in the neighborhood of 5 percent—very low by historical standards—but many individuals did not wish to buy homes. Using...


Low Interest Rates but No Takers. In 2010, interest rates on home mortgages were in the neighborhood of 5 percent—very low by historical standards—but many individuals did not wish to buy homes. Using the concept of the real interest rate, can you explain why low interest rates did not entice new buyers?



May 09, 2022
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