Which of the following tends to result in an increase in the selling price of
houses in an area?
O A. A decrease in the population of the city or town.
B. An increase in property taxes.
C. An increase in the construction of new homes.
D. A decrease in mortgage interest rates.

When property taxes rises, the selling prices of a housing area increases. Unfortunately that also means higher mortgage or rent payments for those that are already living in that housing area.

Property taxes could be raised for many different reasons, for example, you decided to add another building on your property or you bought more land.

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Which of the following tends to result in an increase in the selling price of houses in an area? O A. A decrease in the population of the city or town. B. An increase in property taxes. C. An increase in the construction of new homes. D. A decrease in mortgage interest rates.

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Which of the following tends to result in an increase in the selling price of
houses in an area?
O A. A decrease in the population of the city or town.
B. An increase in property taxes.
C. An increase in the construction of new homes.
D. A decrease in mortgage interest rates.