Showing posts with label rents. Show all posts
Showing posts with label rents. Show all posts

Friday, March 27, 2009

House rents and price elasticity

Read the following article about house rents in the UK. Based on the information in the article explain the changes taking place in the rented housing sector and illustrate your answer with a diagram. Assess the casues and the effects of the decrease in rents.
http://news.bbc.co.uk/2/hi/business/7963271.stm