Answered

Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Question 8 of 25
Which of the following best explains why the supply of housing often cannot
keep up with increases in demand?
A. Zoning laws prevent real-estate developers from being creative.
B. Housing is expensive and time-consuming to build.
C. Demographic changes make the demand for housing
unpredictable.
D. Banks do not like to invest in new-house construction.
SUBMIT
NO LINKS PLEASE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Thank you in advance!!!!!!!!!!!!!

Sagot :

Parrain

Answer: B. Housing is expensive and time-consuming to build.

Explanation:

Supply of housing cannot keep up with increases in demand simply because housing is not an easy good to supply. Building a house takes time and is quite expensive because land needs to be bought, materials as well and then there is the labor to pay for as well.

In the face of this, the people who want houses often find that they cannot get houses fast enough because the suppliers are sourcing funds and rightfully taking time to make houses available.

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.