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Demographics impact the housing market. Which of the following is a true statement? A) an increase in the number of retirees in a given population
Demographics impact the housing market. Which of the following is a true statement? A) an increase in the number of retirees in a given population would negatively impact the demand for large, single-family homes. B) An increase in the number of retirees in a given population would positively impact the demand for large, single family homes. C) an influx of higher wage earners to a given area would create a price decrease for lower- valued homes. D) an influx of higher wage earners to a given area would decrease the demand for higher-priced housing
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