Ask Question
8 June, 10:53

Personal Finance is a dead group.

How does the availability of credit in a community affect the housing market there?

The availability of credit has no affect on the housing market.

The less credit available, the higher the cost of housing.

The availability of credit determines whether or not people put their homes up for sale.

The more credit available, the higher the cost of housing.,

+4
Answers (1)
  1. 8 June, 13:13
    0
    The answer is the more credit available, the higher the cost of housing. As more people are able to afford housing, it will increase the demand for housing. Since the supply of housing is largely stable in the short-term, this will cause higher housing costs.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Personal Finance is a dead group. How does the availability of credit in a community affect the housing market there? The availability of ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers