It is difficult to make profits in the mortgage market due to the free-rider problem.

Question

Quizplus · Accepted Answer

The free-rider problem typically refers to a situation where some individuals benefit from resources or services without paying for them, which is not directly related to the challenges of making profits in the mortgage market. Profitability in the mortgage market is more influenced by factors such as interest rates, credit risk, and market competition, rather than the free-rider problem.

It Is Difficult to Make Profits in the Mortgage Market