This article from MIT Sloan discusses how changes in credit conditions impact housing prices, drawing lessons from the 2000s. It explains that easy credit conditions, characterized by low interest rates and relaxed lending standards, can lead to higher housing prices. This was evident in the 2000s when the housing market experienced a boom, driven by such favorable credit conditions.
The article highlights the importance of monitoring credit conditions to better understand and anticipate fluctuations.
https://mitsloan.mit.edu/ideas-made-to-matter/how-credit-conditions-affect-housing-prices-lessons-00s housing markets.
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