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Which of the following best explains why the supply of housing doesnt automaticly increase to meet rising demand?
Housing is expensive and time consuming to build
Which of the following best explains why the supply of housing often cannot keep up with increases in demand?
Housing is expensive and time comsuming to buildHousing is expensive and time-consuming to build.Zoning laws prevent..... :) APex Housing is expensive and time-consuming to build. Correct
Why cant the supply of housing keep up with increases in demand?
Housimg is expensive and time consuming to build - apex c:
Why is the supply of housing often not able to keep up with the increase in demand?
That depends on the location. There can be a number of reasons, and for most locations, there are several interrelated factors. 1. Cost. Building costs have been increasing. 2. Climate. More people will move to a nice climate, using up the newly-built housing. 3. Topography. In some places (Honolulu or San Francisco) there isn't any more room to build houses. 4. Governmental restrictions. In many locations, governments restrict the construction of housing, or place "affordable housing" requirements on new developments. This ties into #1, especially where building codes are becoming much more restrictive. 5. The economy. People won't buy houses that aren't either great places to retire or convenient to jobs.
Is the housing industry elastic or inelastic?
It is inelastic due to houses taking a long time to build so there will be a short supply of housing. there are also no alternatives to housing. There is but that is if you want to become homeless.
Housing is expensive and time consuming to build?
The supply of housing is inelastic
Results from the fact that housing is expensive and time consuming to build?
the supply of housing is inelastic -Apex-
Which of the following best explains why the supply of housing doesnt automaticly increase to meet rising demand?
Housing is expensive and time consuming to build
Which of the following best explains why the supply of housing often cannot keep up with increases in demand?
Housing is expensive and time comsuming to buildHousing is expensive and time-consuming to build.Zoning laws prevent..... :) APex Housing is expensive and time-consuming to build. Correct
Why cant the supply of housing keep up with increases in demand?
Housimg is expensive and time consuming to build - apex c:
What results from the fact that housing is expensive and time consuming to build?
The high cost and time-consuming nature of building housing can result in several consequences. Firstly, it can lead to a shortage of affordable housing options, as developers may prioritize building more expensive properties to maximize their profits. Additionally, the lengthy construction process may contribute to delays in addressing housing needs, exacerbating housing crises in certain areas. Finally, the high costs associated with building can make it challenging for individuals and families to become homeowners, increasing the prevalence of renting and reducing overall housing stability.
Where did archaic people build their seasonal housing?
where did the archaic build there seasonal housing
How is housing expensive and time consuming to build?
Housing is expensive to build due to high costs of materials, labor, and land acquisition, which have been further exacerbated by supply chain disruptions and inflation. Additionally, the construction process often involves lengthy permitting and regulatory approvals, which can delay timelines and increase costs. Skilled labor shortages can also extend construction periods and drive up wages. Together, these factors contribute to both the high expense and the time-consuming nature of housing development.
Why is the supply of housing often not able to keep up with the increase in demand?
That depends on the location. There can be a number of reasons, and for most locations, there are several interrelated factors. 1. Cost. Building costs have been increasing. 2. Climate. More people will move to a nice climate, using up the newly-built housing. 3. Topography. In some places (Honolulu or San Francisco) there isn't any more room to build houses. 4. Governmental restrictions. In many locations, governments restrict the construction of housing, or place "affordable housing" requirements on new developments. This ties into #1, especially where building codes are becoming much more restrictive. 5. The economy. People won't buy houses that aren't either great places to retire or convenient to jobs.
How much does it cost to build a housing development?
The cost to build a housing development can vary greatly depending on factors such as location, size, materials, and amenities. On average, it can cost millions of dollars to develop a housing project with multiple homes.
Who building affordable housing?
SEB, LLC works with communities and developers to help build affordable housing in Massachusetts
How do you gain population in evony?
You build more housing or upgrade it
