How did tax cuts and deregulation lead to rising housing prices? O The wealthy fell in love with major cities like New York and San Francisco, competing for housing in major cities O Tax cuts benefitted suburbs more, which led to a housing boom in the suburbs O Chip and Joanna Gaines made buying a home the cool thing to do in the 21st century O Investors searched for 'safe' investments to guarantee profit, namely through real estate

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Renting Vs Buying

Renting means occupying a house for a period and paying an amount in exchange for such service. Renting does not require huge investments. Payments under renting are periodic and the amount is relatively low compared to EMIs.