ReginaP412 Wrote:Hi! Still not quite sure how A addresses the part of the paradox regarding 'home ownership is an economic prosperity'
Part 1 of the paradox - home ownership is an economic prosperity
Part 2 of the paradox - High levels of home ownership across the region sees high unemployment levels
Owning a home makes it harder to get up and move to a place where unemployment is not high so that's why they stick around... Part 2 is resolved.
How does that statement address part 1 of the paradox?
Thanks in advance!
Happy to clarify! I like to think of these questions in this way: what's weird about the information we're given? What's weird here is a sign of economic prosperity (home ownership) corresponding with high unemployment in many regions. (A) addresses that because it gives a reason to explain the weirdness. If home owners have a harder time moving, that could explain why home ownership and high unemployment overlap in some places.
Separating the paradox into two parts can make it a little trickier, I think, because it's then harder to focus on how to reconcile what's strange about the overlap between them. Also, be sure you're not reading your own assumptions into the information given. We don't know how expensive the homes are, whether other housing options are available, etc. We don't have to explain how people bought homes, just the regional overlap between home ownership and high unemployment.