Why Oil Booms Can Lead to Housing Crises

Why Oil Booms Can Lead to Housing Crises

Why Oil Booms Can Lead to Housing Crises

06/11/22

“Why can oil booms lead to housing crises?”

Oil booms lead to large economic expansions. This leads to a wide amount of jobs being created and mass migration. If the housing capacity is limited, then it will result in a housing crisis as demand tries to be fulfilled. This is Why Oil Booms Can Lead to Housing Crises.

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