answersLogoWhite

0

"Keep up with the Jones's" Sound familiar? They are the family to be in a social setting. When they move in to a neighborhood, the perceived value of a home next to them rises because we all know that people buy with their emotions and not their wallet. So, how do social factors affect real estate market? They affect them in pricing. You can have 2 neighborhoods side-by-side but one could have 20% higher prices because it is perceived as being better than the other based on a social stigma.

Experience

Investment Real Estate

Providence Management & Investments

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What are the social affects of swimming?

The social affects of swimming Are fame and fortune.


What affects populations distribution?

Several factors determine an area's population distribution and density. They include, available resources, climate, and political, social and economic factors.


What are social factors affecting business?

A high unemployment rate is a social problem that affects businesses. With fewer people working, consumers can't purchase a businesses' products.


What has the author Anand A Yang written?

Anand A. Yang has written: 'Bazaar India' -- subject(s): History, Markets, Social aspects, Social aspects of Markets, Social conditions


What affects a business externally?

Several external factors affect a business. This includes political events, social changes, as well as the economic performance of the country.


The First Estate of the French social order was composed of _______.?

The First Estate of the French social order was comprised of priests of the Roman Catholic Church.


How art affects and reflects beliefs?

Art reflects social issues. Art affects social issues. Social issues affect our lives. Artists use social issues to affect a change.


The study of how the social environment affects an individual's behavior and personality?

This area of study is known as social psychology. Social psychologists investigate how factors such as social norms, group influence, and cultural values shape an individual's behavior and personality. By examining these interactions, researchers aim to understand the mechanisms behind social behavior.


How does social pressure affects the family'?

Social pressure affects family by putting a stereotype in the world. This stereotype forces people to believe that if they are any different, then they do not fit in.


Does your wife's income affect your social security?

Absolutely. It affects her Social Security only.


How does social factors influence social policy?

Social factors have a huge impact on social policies. As the norms in society change and evolve so do the social policies.


How the cybercrime law affects the social networking?

yes