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Urban Economics

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Quizzes in Urban Economics for Graduate

U.S. Economy

Why can housing become especially expensive in some Colorado resort and metro areas?

  • Land and construction have no limits
  • Demand from population, jobs, and tourism can outpace housing supply
  • Housing demand disappears when jobs grow
  • Tourism always lowers rents
Correct answer(s):
  • Demand from population, jobs, and tourism can outpace housing supply
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