Housing brain teaser

ONE WOULD THINK THAT AS YOU INCREASED THE POPULATION AND EMPLOYMENT IN AREA, DEMAND FOR HOUSING SHOULD INCREASE, THE OTHER THOUGHT THAT COMES TO MIND IF YOU MADE HOUSING LESS EXPENSIVE TO PURCHASE IN RELATION TO INCOME, MORE BUYERS WOULD BE IN THE MARKET PLACE

SO THE THOUGHT TO PONDER…………………..

ARE THE ABOVE TWO THOUGHTS WRONG OR IS THERE SOMETHING ELSE GOING ON IN THE HOUSING MARKET?