housing Model

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imudia
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housing Model

Post by imudia » Fri Jun 07, 2019 10:08 am

Hello, Guys,

I am working on a housing model and I am having difficulties linking some varables such as mortgage and interest rates to Cost of building and Price or sale of building. Please can anyone assist with the structure.

Thanks.

Imudia

Administrator
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Re: housing Model

Post by Administrator » Fri Jun 07, 2019 10:17 am

Upload the model you are working on and describe why you are having trouble linking certain variables, I'm sure we can help.
Advice to posters seeking help (it really helps us to help you)
http://www.ventanasystems.co.uk/forum/v ... f=2&t=4391

Units are important!
http://www.bbc.co.uk/news/magazine-27509559

imudia
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Re: housing Model

Post by imudia » Fri Jun 07, 2019 10:43 am

Thanks for your response. In this Housing model I am trying to add the variables 'Mortgage' and 'Interest rate' to the model. but the linkage from Housing construction to Housing Damand I am not quite sure if its okay. I am to measure the impact of cost of building and population change with the model

Imudia
Attachments
housing model Development.mdl
(6.75 KiB) Downloaded 16 times

Administrator
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Re: housing Model

Post by Administrator » Fri Jun 07, 2019 7:03 pm

I'd suggest "impact of mortgage" and "impact of interest rates" would have an impact on the cost of building or possibly the demand for housing.
Advice to posters seeking help (it really helps us to help you)
http://www.ventanasystems.co.uk/forum/v ... f=2&t=4391

Units are important!
http://www.bbc.co.uk/news/magazine-27509559

imudia
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Posts: 4
Joined: Fri Jun 07, 2019 8:47 am
Vensim version: PRO

Re: housing Model

Post by imudia » Fri Jun 14, 2019 9:40 am

Hello everyone, thanks Administrator's for your comment , but can you show how the structure will like if i am to add the '' Mortgage and Interest Rate'' to my model.

imudia
Junior Member
Posts: 4
Joined: Fri Jun 07, 2019 8:47 am
Vensim version: PRO

Re: housing Model

Post by imudia » Fri Jun 14, 2019 9:57 am

Administrator wrote:
Fri Jun 07, 2019 7:03 pm
I'd suggest "impact of mortgage" and "impact of interest rates" would have an impact on the cost of building or possibly the demand for housing.
Based on my model can you possibly show how the structure will look like if I am to add the ''Interest Rate and Mortgage'' to the model
Attachments
housing 1 3.mdl
(5.33 KiB) Downloaded 14 times

tomfid
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Re: housing Model

Post by tomfid » Fri Jun 14, 2019 12:13 pm

Interest rates affect the buyer's mortgage payment, which affects affordability and therefore demand. They don't affect construction cost (unless you're considering financing during construction).

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