Question

Which event best describes why it is difficult to sell a home during a recession? A.Reduced income prevents buying.

B.Demand greatly decreases.
C.Mortgages become unavailable.
D.Housing prices increase.

Answer 1

The answer would be A. A recession is part of a cycle and is essentially an economic downfall. People lose their jobs, and in turn they lose their income.It affects the housing market because if people are losing their jobs, then there's no money to purchase a new home. That in turn damages the housing market.