Project Proposal

Project Proposal

Introduction

The residential real-estate market of the United States was subjected to severe turmoil during the 2007 market crash. There was a widespread decrease in the prices of homes throughout the country, which impacted and severed the international economic crisis. A large number of factors were responsible for the substantial increase in the value of real-state that captured the interest of investors. These factors created a real state bubble which busted during the economic crisis. This resulted in a number of people not being able to pay for their mortgages, losing their properties as well as losing their jobs. This ...