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19
Why did prices inflate in the Florida real estate bubble? What should prices have been based on? What happened to Miami specifically?
They were based on a feeling that prices would just continue to rise.
Prices should have been based on supply and demand.
Miami was the center of the bubble and was hit by a hurricane, destroying many worksites.
Prices should have been based on supply and demand.
Miami was the center of the bubble and was hit by a hurricane, destroying many worksites.
Karteninfo:
Autor: savhighsmith
Oberthema: Economics
Thema: History of Economics
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 11.12.2010