Week 7

1.     What new sources did you include in your annotated bibliography and why?

2.      What was the search path you took to locate them?

3.      Why do you feel these sources are credible (remember the CRAAP Test)?

4.      What aspect(s) of your research question do they address? 

5.      Are there still aspects of your research question that remain unanswered?

6.      What are some aspects of your research that you feel would be most interesting to a wide audience?

In this week’s assignment I included four new sources. There were a few unanswered questions that I have had from the beginning. After finding a study released by the Los Angeles Economic Development Commission on the economic outlook for all industries in Southern California I was able to come to a conclusion in my research. There were several articles that hinted at positive outlooks for new construction in California as well as mention indicator to look at for growth. The LAEDC study provided all the information in one study and I was able read through and decipher how they came to their conclusion.

I used to google scholar to find my new sources. After searching through pages of results I was able to find relevant information. All of these were peer reviewed articles published by industry professionals making the most reliable information available.

These articles addressed the remaining question that I had able how unemployment rates, mortgage interest rates, and rent cost play roles in projecting the outlook for the new construction industry. A remaining question I have is the expectations of the federal government on keeping interest rates low in the next few quarters.

I feel the most interesting part of my research is how many different industries, policies, and factors affect the price of single and multifamily housing. Most people don’t consider all the aspects on why the pay what they do to live in their area.