What are the negative or positive externalities that would affect the housing industry?

Question

What are the negative or positive externalities that would affect the housing industry?

Answer 1

Positive Externalities:

1. Better habitat

2. Rising prices of houses and rising rents rents

3. Dispersal of population

4. De-congestation away from old cities

5. Improved health and hygene

6.

Negative Externalities:

1. Noise and air pollution during construction periods

2. Falling real estate property prices

3. Additional demand for civic amenities on the munipalities/ local/ county administration