PROPERTIES

The Housing Market in the USA

The Housing Market in the USA

Introduction

Housing is said to be a tangible framework under which people live. It facilitates in providing security and protection as well as gives support for basic human needs. The significance of housing is not just confined to providing shelter, it is said to be an entity which fosters a lifetime of a family. It is a basic building block of any family. Housing, examined from a more complex approach, is a commodity with unique attributes and peculiarities (www.businessdictionary.com).

Housing is termed as a consumer good. The demand of ...