Posted by Karol Goney on .
Explain why housing prices vary from city to city. Clearly explain how supply and demand affect the prices of the homes and be sure to show your work. I have tried everything and looked every where but I am having trouble with the graphs. Can you please help?
I can't possibly help you with graphs without specifics.
It is amazing when there is no demand for houses, the prices fall dramatically. I am not really certain why you are having difficulty with this.
The demand for houses depends on population increases, which frankly depend on the job market to a great extent. Folks don't move to places where there is little opportunity for work.