Sample Essay

Demographics of the region also amount to the change that takes place in the price of housing in the region. Increase in migration to a region creates demand for housing raising prices. Aside from this increasing number of single person households is also increasing the price of housing in UK. Moreover the increasing divorce rate is putting a upward pressure on the demand for more houses resulting in higher prices.Another factor which tends to affect the prices in the housing sector in the UK market as well as in international markets is the element of speculation. This is specifically true for the buy to let market where the basis of the purchase and the sale is made on the speculative future worth of the property. When falling housing prices are expected, people tend to sell their property based investments. Similarly where the speculation is for rising prices, the people tend to buy and invest in properties resulting in pressures on the supply and the demand side of the market.

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Essay: Prices of Houses
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