1. How did the downward trend in US home prices in 2006-2008 affect aggregate demand at that time as well as today? How significant is the "hangover" of the housing bubble? Read this (https:/www.youtube.com/watch?v=9GgqlimLCio) and this one (https://www.mlive.com/news/kalamazoo/2017/03/construction_pace_picks_up_in.html). Is the current situation a direct result of a couple of years ago 's decline in housing, or is there anything else that is driving the present situation? Is there another housing bubble on the horizon?