AHS-P3-4. Portugal’s Home Ownership Rates with Covid-19
Stanley Henderson1
Faculty Mentor: Kimberly Nehls, Ph.D.1
1Lee Business School, Department of Marketing and International Business
ABSTRACT
Home ownership is a necessity to all people and with the recent global economic implications of Covid-19 this has become more difficult. This study will aim to explore the associations between the negative economical implications of Covid-19 and home ownership rates in Portugal. I analyzed home ownership rates in Portugal and economic statistics of Portugal including, unemployment rate, GDP, and core inflation from 2018-2020. Historical statistical information from Portugal was collected and observed to find patterns or correlations between Portugal’s home ownership rate and their economy following the Covid-19 pandemic. Portugal saw its’ home ownership rate drop by nearly a percent (0.8) from 2018-2020. Portugal’s GDP, which accounts for 0.2% of the world’s GDP dropped by over $10 Billion dollars from 2018-2020, while the country had an inflation rate of 1.5% in 2020, the highest in three years prior. Unemployment rates peaked at 8% in 2020. During the Covid-19 pandemic Portugal’s economy was impacted negatively and its’ home ownership rate followed suit. Portugal will need to look at lowering unemployment rates first to kickstart their economy into the post-pandemic era and ultimately bring home ownership rates up.
Date
- Nov 15 - 19 2021
- Expired!
Time
- All Day
Labels
- AHS: Poster Session 3
Organizer
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The Office of Undergraduate Research
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Phone
702-895-4771 -
Email
our@unlv.edu -
Website
http://unlv.edu/our
Speakers
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Dr. Kimberly Nehls | Lee Business School
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Stanley Henderson | Lee Business School
