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BEGIN:VCALENDAR
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X-ORIGINAL-URL:https://oursymposium.sites.unlv.edu/
X-WR-CALNAME:Office of Undergraduate Research (OUR) Fall 2021 Virtual Undergraduate Research Symposium
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DTSTART;TZID=UTC:20211115T000000
DTEND;TZID=UTC:20211120T000000
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PRIORITY:5
TRANSP:OPAQUE
SUMMARY:AHS-P3-4. Portugal’s Home Ownership Rates with Covid-19
DESCRIPTION:\n\n\nStanley Henderson1\nFaculty Mentor: Kimberly Nehls, Ph.D.1\n1Lee Business School, Department of Marketing and International Business\nABSTRACT\nHome 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.\n
URL:https://oursymposium.sites.unlv.edu/program/portugals-home-ownership-rates-with-covid-19/
ORGANIZER;CN=The Office of Undergraduate Research:MAILTO:our@unlv.edu
CATEGORIES:Arts, Humanities, and Social Sciences
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