Hyra, Derek, and Jacob S. Rugh. "The US great recession: Exploring its association withblack neighbourhood rise, decline and recovery."(2016). The housing market has high prices and the only buyers who have the high demands aresubjected because of the qualification and real income that is affecting their purchasingpower. Therefore, it has been observed that the economy of the state might be or might not becompromising the sales of the housing market. The supply has been influencing the sales activity which is supposed to flourish thehousing formation.“Accounting conservatism, the Quality of Earnings and Stock Returns” written by StephenH. Penman and Xiao Jun Zhang:As conservatism is a process which is employed when there exist a reasonable amount ofuncertainty but at the same time some estimations are to be made at the spot and at thatvery instant so conservatism of accounting more or less works in two frameworks one

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