Why Do House Prices Rise?
The rise in house prices is a complex phenomenon influenced by a variety of factors. Understanding these dynamics is important for prospective buyers, sellers, policymakers, and anyone interested in the real estate market. Here, we will look into the primary reasons behind the increasing cost of homes. [embed]https://www.youtube.com/watch?v=kGXe-KMY38Q[/embed] Supply and Demand Dynamics The most fundamental economic principle that drives house prices up is the relationship between supply and demand. When...
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