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June 14, 2005

Housing Prices And The Rental Market

The supply and demand rules of housing are sometimes difficult to understand because of the complexity of taxes, transactions and buyers' motivation.

I know, I know, it can be a tedious topic but this issue touches all of us. Would you agree that housing prices are a key economic indicator? I assume most agree that they are. Even if you are a renter, housing prices affect you. It’s simple supply and demand. The fewer people that can afford homes means higher demand for rentals. Higher demand equals higher prices.

 

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Posted on June 14, 2005 06:29 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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