Assertion: housing speculation | /r/HasAspect | real economic consequences
Facets:
value: during the boom
type: TEMPORAL
value: by increasing housing prices
type: MANNER
Source sentences:
text: Our results suggest that housing speculation had real economic consequences during the boom by increasing housing prices and fuelling local economic expansions, and during the recession by depressing residential construction employment, as a result of supply overhang, and by reducing local household demand.