Saturday, October 28, 2006

Unit 1: The price of houses

These article looks at the staggering rise in house prices over the past decade.

a)Use the articles and your list of factors that influence both supply and demand to explain how this price rise has occured; ie which factors have altered and what would these effects be on a S&D diagram
b) Why might the price rise not be uniform across the country?,,1932737,00.html you can also watch the video link to a 1 minute BBC news story. The link is on the right hand side of the page

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