...Impact of the Deterioration of the Housing Market on the Economy“Why the Housing Market is Still Stopping the Economy” – New York Times/result – April 24, 2014 by Neil IrwinIntroductionL Neil's main focus Irwin's article deals with the rapid deterioration of the economy which seems to be stalling and this can all be attributed to one thing, a slow housing market. Although large cities are seeing fairly good housing demand, the same cannot be said for their counterparts, whose real estate developments are not influenced by business but rather by their demographic location. Analysis of the demand for mortgage loans since the end of the Second World War has highlighted a promising increase and a rush to purchase residential houses. Instead, this increase has seen a decline in mortgage acquisitions starting in 2009 and subsequent years and has recently led to housing market prices collapsing and the boom gradually tapering off. Unlike in years past, adults are reluctant to leave their home country. homes due to rising home prices. The analysis shows that adults up to age thirty-four currently prefer to stay in their parents' homes or even rent apartments, the opposite of what was previously the norm where adults needed to build single-family homes at an early age between their twenties and twenty-four years old. This trend is reflected in the current demand for housing projects as, developers say there is greater demand for the construction of apartments which, if you look at the benefits to the economy, the impact is meniscal. Employment rates are on a 3:1 ratio, whereby building apartments employs 1.8% of the labor compared to ANY TOPIC (AUTHOR'S CHOICE)3 building a detached house which employs 3.8 % of labor (Voss, 20...... half of the paper ......replicated in today's America and they will soon say that their savings are enough to buy homes and give them the convenience of leaving their parents' homes parents to live an independent life Should this happen, there will be an increased demand for labor to build the housing units to occupy employment opportunities and the increase in housing market prices. This will give a significant boost to the deterioration of the US economy interest and mortgage rates will even go lower Eventually we as a nation will have a better economy than today Even though as a nation our economy is in trouble, the predictions for the next two years will only be achievable ANY TOPIC (CHOICE OF). AUTHOR)8 if there will be a change in the lifestyle trends of American adults. A change in this trend will lead to low levels of unemployment and growth in the economy.