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House prices impact jobs at startups

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House prices impact jobs at startups


July 21, 2014

Gains in home prices help create jobs at startup companies, according to a Reuters report, citing a correlation between jobs at startups and declining house prices. The equity required to start a business is often higher than the home equity loans homeowners can receive if they purchase a lower-priced home. As home price gains begin to level off, this may slow the creation of new businesses.

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