Housing sector!
Housing has a high multiplier effect on the economy. It has linkages with over 20 other sectors and sub-sectors in the economy. The government’s housing push directly benefits real estate developers and housing finance institutions, while it also drives growth across multiple sectors; construction, manufacturing, and retail. Growth in housing will boost demand for construction materials, home appliances, furniture, paint, etc. Housing continues to be an economic force long after construction is completed, through activities such as furnishing, decorating, remodeling rooms, repairs, extensions, property alterations etc. giving rise to replacement demand.
#Miscellaneous#PersonalFinance#PsychologyofMoney
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