Question:

Economic question about housing market

by  |  earlier

0 LIKES UnLike

if the economy gets better then does that mean housing prices get more expensive or get cheaper?

 Tags:

   Report

2 ANSWERS


  1. You can actually make the arguement for both.  A better economy will mean higher wages and more money to pay for a house.  

    However, A better economy could mean interest rate raises that will stagnate the housing market.


  2. All else being the same, with a better economy, more people are making more money and therefore able to buy houses (and able to buy better and better houses) and therefore a better economy means more demand for houses and thus higher prices for houses.

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.