Home » Online Course » Which of the following is likely to occur if the demand for housing increases? Which of the following is likely to occur if the demand for housing increases? 19. Question 19 Which of the following is likely to occur if the demand for housing increases? 1 point The wages of carpenters who build houses will fall. The interest rate on mortgages needed to purchase a house will rise. The demand for schools will rise. The price of lumber used to build a house will fall. Other Questions Of This Category Corporate Financial Decision Making for Value CreationAlternative Approaches to Valuation and InvestmentPrinciples of Corporate Finance A Tale of ValueFinance for Everyone Decisions QuizGlobal Financial Markets and Instruments QuizAn expectation that the price of housing will increase more rapidly in coming years will cause the:Behavioral Finance QuizMergers and Acquisitions The Relentless Pursuit of SynergyInternet History Technology Security QuizFigure 5-3 shows a family’s preferences for housing and other goods. Suppose the government offered public housing that provided exactly B0 units of housing services to a low-income family. The public…Core Concepts of Accounting Numbers and PeoplePersonal Family Financial Planning QuizCybersecurity and Its Ten Domains Quiz