GFC and Residential Property Markets
GFC and Residential Property Markets Quiz
Test your knowledge about the Global Financial Crisis (GFC) and its impact on residential property markets. This quiz covers key events, governmental responses, and economic factors affecting the property landscape in Australia and the US.
- 10 engaging questions
- Multiple choice and checkbox format
- Perfect for those interested in economics and real estate
In Australia, the low value of the residential property market was mitigated by.
First time homebuyer grants
Stamp Duty
Reduction in Interest
All of the above
The APRA stands for.
Australian Property Regulation Authority
Australian Principles Rights Activated
Australian Prudential Regulation Authority
Australian Property Realtor Agreement
If there is to be a lack of supply and an increase in demand would this create a seller's market.
Yes.
No.
Many US banks and investment firms had operations in London.
True.
False.
The UK introduced the Help to Buy Scheme in 2013.
True.
False.
If there is no economic growth for two consecutive periods we define it as a recession.
True.
False.
Australia was affected heavily due to having large exposure with the US housing market and US banks.
True.
False.
Were subprime and high risk loans common in Australia.
Yes.
No.
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