Concept explainers
a.
To state: Whether society gets richer in case housing prices are doubled across the world.
Introduction:
Real assets: Any asset which has a physical shape with a financial worth can be termed as real assets. Land, building, plant, machinery, natural resources, etc. are some of the examples of real assets.
b.
To state: Whether the homeowners will get rich if the housing prices are doubled.
Introduction:
Real assets: Any asset which has a physical shape with a financial worth can be termed as real assets. Land, building, plant, machinery, natural resources, etc. are some of the examples of real assets.
c.
To reconcile: The effect of housing prices being doubled in the case of society and house owners getting richer.
Introduction:
Real assets: Any asset which has a physical shape with a financial worth can be termed as real assets. Land, building, plant, machinery, natural resources, etc. are some of the examples of real assets.
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