a_new_house..............................

May 19th, 2015
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A New HouseThe decision to buy a house should be an important, far reaching financial decision for any individual. Within this assessment I will show that a number of different economic principles are utilized in making the ultimate decision to purchase. Of course, some people may buy using a gut feeling or buy on a whim, but the educated economist will consider, at least, trade offs and the marginal cost and benefits involved with the purchase. Government incentives to purchasing a home would also be considered as well as the governments control of the economy. This would cause the strength of the overall economy to impact any large purchase, especially one as substantial as a home purchase. After all, this could be the single largest purchase I could quite possibly ever make. I will take into account all of these areas in determining what the best course of action is for my indi

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