In this lesson, students consider the financial responsibilities and emotional investments of buying a house. Although the housing market has taken a hit since 2008, owning a house is still a big part of the American dream. In this lesson, the students explore these ideas and think about buying a house by merging the rational decision-making model and the consumer decision-making model. Since a house is not just a purchase but a lifestyle change, students can think about major purchases from this perspective.
Personal Finance, I. Personal Decision Making
Personal Finance, V. Buying Goods and Services
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