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John Jones
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Equilibrium price in real estate market?
we have a case in which the current price is at €100,000 and we have oversupply of houses.
how property prices, demand, and supply will be changing in order for the market to reach equilibrium.What kind of changes should take place in the market environment in order to make the current price of €100,000 the equilibrium price?
2 AnswersRenting & Real Estate9 years ago