Let us break down the argument to understand it in a betterway:
Statement 1: The recent boom in new home construction has finally begun to taperoff.
Summary:
The boom is caused by the
...
Statement 1: The recent boom in new home construction has finally begun to taperoff.
- This means that the construction boom which happened in the recent times is now comingdown.
- The result of tapering of the boomis:
- Developers not buyingland
- Contractors not having work for longerperiods
- Banks issuing fewermortgages
- Remember: This statement is not pointing to the reasons or causes behind the boom. In fact, it is the result of tapering of the boom. (Veryimportant)
- The reason behind the scenario mentioned in the statement above must be the lack of interest of people in buying new homes as compared to that six monthsbefore.
Summary:
The boom is caused by the
...
Statistics : Posted by RutujaDeshmukh19 • on 28 Apr 2012, 20:22 • Replies 13 • Views 18339
