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What are all the factors that could influence residential home prices across the United States over the next decade? And how? Organize your output in a MECE framework.

consulting McKinsey MECE MECE Principle
Neue Antwort am 7. Aug. 2022
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Anonym A fragte am 6. Aug. 2022

I have been given a project I am new to MECE framework, Could do with some help regarding this

(editiert)

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Ian
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antwortete am 7. Aug. 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Option 1

Bucket 1: Supply

Bucket 2: Demand

Option 2

Bucket 1: Macro factors outside US 

Bucket 2: Macro factors inside the US

Option 3

Bucket 1: Consumer confidence

Bucket 2: Builder confidence

Bucket 3: Availability of money

Bucket 4: Availability of materials (lumber, labor, etc.)

Option 4

Bucket 1: Government factors/influence (fiscal + monetary)

Bucket 2:  Business behavior

Bucket 3: Consumer behavior

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Anonym B antwortete am 6. Aug. 2022

I would start with Macro vs Micro factors

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Ian am 7. Aug. 2022

Unfortunately micro factors doesn't work here. By it's very definition micro is on the micro level :)

Anonym B am 7. Aug. 2022

"Microeconomics is a branch of mainstream economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms" It captures supply-demand factors and there are several YT videos and articles, if you google, on microeconomic factors affecting res. house prices. [edit: I googled a bit more just to be sure that micro does cover the housing sector--https://link.springer.com/chapter/10.1007/978-3-642-46531-4_1] I would actually point out to your post that macro factors outside US are unlikely to play a significant role. [ edit: forex market may have some role to play]

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Anonym B am 7. Aug. 2022

Macro factors would be recession, stagflation..., changing demographics, interest rate, technological improvements...

(editiert)

Ian

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