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What describes one of the way that the demographics of an area affect the price of housing in that area?
Wiki User
∙ 12y ago
An area with lots of families will have a higher demand for houses than apartments.
Wiki User
∙ 12y ago
One way Demographics affect housing prices is through income levels. Areas with higher average incomes tend to have higher housing prices due to increased demand and ability to pay. Additionally, population growth and age distribution can also influence housing prices by impacting supply and demand dynamics.
Mohaimen Alsabahi
an area with lots of families
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