Housing Market

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A Housing Market is a real-estate market for residential real-estatees.



References

2023

  • chat
    • Q: What defines a housing market? What does it include? What is the difference between investor and small-investor buyers? How is a home renting market related?
    • A housing market refers to the buying and selling of houses and other types of residential properties in a specific geographic area. It includes factors such as supply and demand, prices, and the overall economic and demographic conditions of the area.

      Investor buyers are typically individuals or companies that purchase properties with the intention of generating income through rental or resale. They may have significant financial resources and may be more likely to purchase multiple properties or engage in speculative buying.

      Small-investor buyers, on the other hand, are typically individuals who are purchasing a property for their own use, but may also have the intention of generating rental income in the future. They tend to have less financial resources and may be more likely to purchase a single property.

      A home renting market, also known as the rental market, is related to the housing market in that it is also affected by supply and demand, economic and demographic conditions, and pricing. However, the rental market specifically deals with the rental of properties, rather than their sale.

2023

2023

2010

2009

  • (Ariely, 2009) ⇒ Dan Ariely. (2009). “Predictably Irrational: The Hidden Forces That Shape Our Decisions - revised and expanded edition." Harper-Collins New York. ISBN:978-0-06-135323-9
    • QUOTE: ... Here is the crux of the problem: When the housing market was hot, the bankers who gave out mortgages assumed, logically, that the customers would not want their houses to go into foreclosure. To further ensure that people would repay their loans, the mortgage contracts also included a variety of penalties and fines, in case people decided to walk out on their mortgages. On first glance this logic seemed very appealing: given all the terrible things that could happen to those unable to repay a loan (loss of their homes, wrecked credit, foreclosure fees of different sorts, legal fees, and the possibility of being used by the lender for a deficiency), the banks assumed that people would try very hard not to overborrow. ...