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Essay / Research Paper Abstract
This 10 page paper considers the influences that are seen to have an effect on house process and how these vary between the regions. The paper looks at this from the perspective of supply and demand, with the higher demand areas suffering disproportionate increases in house process. The writer then uses this information to cross reference with different factors such as regional income, productivity and unemployment levels in order to demonstrate how prices are determined and why there are regional price variations. The bibliography cites 5 sources.
Page Count:
10 pages (~225 words per page)
File: TS14_TEhousep.rtf
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Unformatted sample text from the term paper:
of property. There has been a trend for house process to be seen as increasing in value, making a profit for the owners. However, a more detailed look at the
pattern of house process in the UK reveals a much more complex cycle, where house prices increase, and on occasion may decrease or remain stagnant. The shock of the fall
in house value of the 1990s, in hindsight, appears to be a logical reaction to the different pressures on the housing market and the way in which the different influences
were coming together to impact the entire market. The UK economy has also changed in its structure over the last few decades, with the increasing number of home owners
debt patterns have also changed, these have increased the reliance of the economy on the housing market, with re-mortgages and equity release schemes gaining in popularity. This increases the money
in the economy, and stimulates growth. However, it may also be seen as reducing the disposable income where the funds are borrowed if interest rates increase. When considering the
overall situation way in which house prices react can be seen as a result of supply and demand. However, there are many impacts on that supply and demand which result
in the regional variations. The first stage of any project is to demonstrate the way that supply and demand operate in the housing market. II. The Role of
Supply and Demand Housing policy within the United Kingdom has been a controversial issue. The saying goes An Englishmans home is his
castle. When the conservatives came to power and throughout their tenure the rate of house ownership increased dramatically. This was partially due to their policy of encouraging home ownership. The
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