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housing Model

Posted: Fri Jun 07, 2019 10:08 am
by imudia
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

Re: housing Model

Posted: Fri Jun 07, 2019 10:17 am
by Administrator
Upload the model you are working on and describe why you are having trouble linking certain variables, I'm sure we can help.

Re: housing Model

Posted: Fri Jun 07, 2019 10:43 am
by imudia
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

Re: housing Model

Posted: Fri Jun 07, 2019 7:03 pm
by Administrator
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.

Re: housing Model

Posted: Fri Jun 14, 2019 9:40 am
by imudia
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.

Re: housing Model

Posted: Fri Jun 14, 2019 9:57 am
by imudia
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

Re: housing Model

Posted: Fri Jun 14, 2019 12:13 pm
by tomfid
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).