1. The Housing Sector, Interest Rates and Unemployment Examined
... of owner occupation, those countries with the strongest labor markets and wage growth, and relatively larger falls in interest rates, experienced the most rapid rise in house prices in recent years. There have been a number of significant studies completed in relation to residential property prices and the influence of views and proximity to natural scenic locations. A study by Thorsnes (2002) indicated that ... proximity to forest areas resulted in residential lots closer to the forests achieved higher selling ... a premium or greater value to residential property, ranging from 15% to ...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate