MNJ asked:


Assume the econoly is in equilibiruim. Using the Aggregate supply and demand curve illustrate the short run and long run effects of a fall in real estate prices in the capital cities (hint: think of the effect upon one’s wealth level).

Victoria

BooRadley asked:


Are you hoping the tax hikes will start so you might invest at super low stock and real estate prices? Even though the redistribution of wealth from my fellow richer Americans might help me, I do wonder how long this recession may last because I’d like my accounts to grow sooner. I’m looking for opportunity and I hope some attractive buys may come about.

Gabriel