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An area with lots of families will have a higher demand for houses than apartments.

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Mohaimen Alsabahi

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4y ago

an area with lots of families

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Q: What describes one of the way that the demographics of an area affect the price of housing in that area?
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Related questions

One of the ways that the demographics of an area affect the price of housing in that area?

An area with younger people will have a higher demand for rentals and a lower demand for buying.


What describes one of the ways that the demographic of an area affect the price of housing in that area?

An area with younger people will have a higher demand for rentals and a lower demand for buying.


How does the stock price analysis affect me?

The stock price affects everyone in the United States. It decides how much money you can essentially make in a year. This means it affects what food, clothing, and housing you can have.


Is the stock market report a deciding factor on the housing markets?

Definitely! The stock markethas everything to do with monetary deflation, the economy, inflation, stock market forecast, stock price forecast. This leads to the job market, housing freezes due to lack of money the companies have to stay in business; therefore they cannot build the homes or hire the people who need the jobs. This raises the price of homes, especially in certain demographics and can cause a housing crash in some areas of the country.


Which is a determinant of the demand for housing?

Change in the expected future price of housing.


What if your repeat customers have made it clear that quality is more important than price this reflects your target markets?

demographics


What problems you face due to increase demand of housing facilities in urban areas?

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Price changes affect the equilibrium price and quantity by Serving as a tool for distributing goods and services.


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When a newer model debuts, it will not affect the price of an etrex legend. do not worry about it, it definitely won't affect the price of an etrex legend.


What effects supply and demand?

Fluctuations in the price of goods. The affect of demand on price is directly proportional and supply's affect on price is indirectly proportional.


What are example of product with perfectly elastic and perfectly inelastic supply?

Elasticity of supply describes how a product's quantity affects its price. Milk, for example, has an elastic supply - the quantity goes up and the price goes down. Or, as the quantity is limited, the price goes up. Inelastic supply implies that availability does not affect price, such as with airplane flight tickets.


Which best describes one of the ways that demographics of an area affect the price of housing in the area?

An area with younger people will have a higher demand for rentals and a lower demand for buying