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Which best describes one of the ways that demographics of an area affect the price of housing in the area?
Wiki User
∙ 7y ago
An area with younger people will have a higher demand for rentals and a lower demand for buying
Kamron Roberts
Wiki User
∙ 11y agoAn area with younger people will have a higher demand for rentals and a lower demand for buying.
JIMMY EDGE22
Kallel
One way Demographics can affect housing prices is through demand. If an area has a growing population or a high number of people with higher incomes, demand for housing may increase, leading to higher prices. Additionally, demographic factors such as age, family size, and income levels can influence the types of housing that are in demand, impacting prices accordingly.
Wiki User
∙ 14y agoAn area with younger people will have a higher demand for rentals and a lower demand for buying.
Wiki User
∙ 7y agoAn area with younger people will have higher demand for rentals and a lower demand for buying.
Wiki User
∙ 13y agoAn area with younger people will have a higher demand for rentals and a lower demand for buying
Wiki User
∙ 11y agoIf your property is in or near a neighborhood seen as savage, your property will be discounted accordingly.
Wiki User
∙ 6y agoAn area with younger people will have a higher demand for rentals and a lower demand for buying
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What describes one of the way that the demographics of an area affect the price of housing in that area?
An area with lots of families will have a higher demand for houses than apartments.
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.
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