How does the housing market work and what went wrong in the housing crisis of 2007?

I can give you my opinion . The wall street collusion in the mortgage business along with greed in the wholesale mortgage business contributed to the housing crisis.The home building industry collapsed. The construction workers had to find another way to make a living.Construction workers are reluctant to return or recommend construction work.


What makes life beautiful?

Life.....Isn't life beautiful in all its diverse ways?I mean people tend to prefer one side more than the other,Like it's better to be rich than poor, full rather than hungry, beautiful rather than ugly.Let me tell you a short tale, which i read

Does Carrying a cell phone inside a bra cause cancer?

Actually, carrying your breasts inside a bra can cause breast cancer.Wearing bras for long hours each day is a leading cause of breast cancer, as many studies now show. It has to do with constriction and compression of the lymphatic

An elastic cuboid has a length of 60cm and a breadth of 12cm. When it is stretched longitudinally, the length increases by one fifth. If the poisson ratio is 0.3, how much does the breadth reduce?

An elastic cuboid has a length of [math]60[/math] cm and a breadth of [math]12[/math] cm. When it is stretched longitudinally, the length increases by one fifth. If the Possion's ratio is [math]0.3,[/math] how much does the breadth reduce?Possion's ratio [math]=\frac{\textrm{lateral strain}}{\textrm{longitudinal strain}}.[/math][math]\Rightarrow\qquad[/math] Lateral strain = Poisson's ratio [math]\times[/math] longitudinal strain.The