What influences demand for housing? :: Economics

What influences train for housing?There are many break factors that exit affect the demand for housing somewhat of the easy ones to happen are population and harm. Thesefactors effect lots of goods as the larger tot up of people the morecon meaters there will be. With price a consumer will always wish to paythe lowest amount for a good. If the price gets to high then they willfind a substitute.Looking at population in more detail it isnt as simple as it wouldfirst appear. You could just say the public will buy a can and themore public there is there is more demand for the good. This in turnwould allow housing companies to consign larger prices and so only therich can afford it. The problem is that people dont need to buy ahouse they can rent one or share one. As well as these factors theycan take disc everyplace a lend to buy the house and pay it back over a period oftime. Loan companies charge interest and when interest grade are lowmore people take out lends as they d ont have to pay back such a largesum of currency. With lots of loans companies coming up, it has becomevery easy for anyone to get loan whatever their background is like.Renting a house can be done in lots of ways. Some people make their rush in it they buy lots of houses and rent them to people who are uneffective to buy a house. This is good for people who are only in thecountry for a short period of time, as you can charge them largeamounts because of the location of your house. Some people dont haveany money at all and are in a bad economical state and are given ahouse/flat by the council. They still have to pay money to live in thehouse but less than from private rent business. Private rentbusinesses are there to make a profit and will charge high pricesand have better quality goods to match.When looking at price it usually goes on a set pattern that as highprices substance less demand and vis versa. The problem was this didnthappen and looking at var. 4.8. This is due to the low interestrates charged by loan companies mentioned above.When addressing others factors you need to look at the country and isit going through some sort of event. During a depression people arefind it fractious to get a job due to high unemployment. With this thedemand for in the raw house with the public wouldnt become a luxury that