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There are a number of different variables which can effect the demand and supply of the housing market such as the buyers ideal location of a home, somewhere which is suitable for raising a family or practicality reasons such as work. Most households need homes, which gives us an indication of how much households are willing to pay looking at their income and by the accessibility of credit.
Effects on determinants on Supply and Demand in the housing market
These issues that have appeared can effect the major determinants of supply and demand in the domestic housing market and can cause a significant amount of change in the market...
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