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Topic: Miscellaneous
Number of pages / Number of words: 5 / 1258
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Team C has chosen to look at the Real Estate Data Set with a focus on homes that are 30 miles or less away from the center of the city.

Possible Reasons for Pricing Difference

Home prices are more expensive as you get closer to the center of a city as demand remains high for these units. Several reasons can explain this phenomenon...


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Several reasons can explain this phenomenon. First, there tends to be a high population density towards the centers of cities and therefore more demand for housing. Second in the recent past, skyrocketing gas prices have made suburban living less appealing. The cost to commute to and from work can play a major distraction in people trying to maintain a budget...


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