1. The Housing Sector, Interest Rates and Unemployment Examined
... 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 prices than ... those with a less favorable proximity. Further studies by Bond, Seiler and Seiler (2002), Bourassa, Hoesli and Sun (2003) and Yu, Han and Chai (2005) have also confirmed that a vie...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate