how does economic status affect the choice of housing?
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Answer:
if no money you cant buy a house XD
Explanation:
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Factors affecting supply and demand of housing
In summary.
Affordability. Rising incomes mean that people are able to afford to spend more on housing. ...
Confidence.
Interest Rates.
Population.
Mortgage availability.
Economic growth and real incomes. Rising incomes enable people to afford bigger mortgages and encourages demand for housing. ...
Cost of renting.
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