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If this decreases we would see an increase in the amount people are saving. During a boom people would be spending money, but in a recession they will save- less people will be buying houses so the demand is decreasing. Similarly, if the 'X' Exports of goods and services decreases for example,and export sales from the UK decrease, production in exporting industries will decrease, so the national output and also the incomes of those people who work in these industries decreases.
Most buyers in the housing market buy to invest, buying at a low price and selling high as the general price increases...
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