Tight Money
- A decrease in spending dollars because of a decrease in the money supply.
- Less funds available to prospective home buyers by lenders. Attractive mortgages are difficult to get.
Popular Real Estate Terms
Type of ownership by husband and wife, recognized in 27 states, in which the rights of the deceased spouse pass to the survivor. It is the same as joint tenancy, except that one spouse ...
The depreciation method where an equal amount of depreciation expense is allocated to each full period of the asset's useful life. The amount of depreciation is computed as follows; Annual ...
Purchase of part of property or property rights when condemnation takes place. The owner must be justly reimbursed. ...
An increase in the income tax basis of a property that is a result of a tax-free exchange. As a result of an inheritance, for example, the basis of the inherited property was stepped up to ...
Don’t know what snowbirds mean? It’s not birds made of snow. Snowbirds is a nickname given to Canadians and American people that live in the colder northern states, that, ...
See accommodation endorser, maker, or party. ...
The "frost line" is a critical concept in real estate and construction, especially in regions with cold climates. But what exactly is the frost line, and why does it matter? Let’s ...
Any gain or loss from selling of capital assets. The gain or loss is the difference between the net selling price and cost basis. The two types of capital gains or losses for tax purposes ...
Personal income minus personal income tax payments and other government deductions. It is the personal income available for people to spend or save; also called take-home pay. It may be a ...
Comments for Tight Money
what would need to occur to turn a tight money market into an easy money market?
Jun 10, 2021 23:49:44Hey Maria! Thank you for reaching out to us. For a tight money market to turn into an easy money market, a recession is required. An easy money market is designed to increase the money supply, grow the collective demand, and create new jobs. By doing this, interest rates will drop, business activities will accelerate, and the unemployment rates will drop.
Jun 11, 2021 07:33:17Have a question or comment?
We're here to help.