Discuss housing affordability in general. When researching your response consider the following: personal income, housing prices, mortgage rates, nonmortgage expenses, and also personal/mental/social positives and negatives of owning vs renting.

Q: which expense is the easiest to reduce if necessary? a. housing, b.food consumed outside of home,…

A: There are few items which can be avoided and few which are necessary

Q: Is anyone available to take the earned income credit regardless of age?

A: Earned income tax credit helps the individuals from lower income group to get tax refund or rebate.

Q: How to complete the personal balance and calculate the net worth?

A: Calculation of Net worth and Personal balance.

Q: What do you think is the best savings product for an (a) working individual, (b) family/household,…

A: To find the suitable investment products, one must assess their financial position and risk taking…

Q: Renter's insurance would include coverage for: O A) earthquake damage. OB) flood damage. C) personal…

A: Renter's insurance is a financial safeguard designed for individuals who rent homes or apartments.…

Q: I am having trouble with some of these questions. Especially the ones that are asking for multiple…

A: a. Probability that the respondent is female:Total respondents: 5 + 9 + 5 + 1 + 8 + 6 + 16 =…

Q: Why is the income approach to value often difficult to use on a single-family residential appraisal?

A: Income approach is the valuation method used for finding the value of an asset.

Q: Evaluate the benefits and costs of homeownership

A: Home ownership is also known as owner-occupancy. It means to possess another persons house, flat…

Q: nsurance is a way to decrease the ffinancial risk from unexpected events, like an illness, car…

A: Insurance is a very important tool in finance which helps us to mitigate risks and reduce risks due…

Q: Explain Real Estate Finance and Investments?

A: Real estate assets involve property in land and buildings. Real estate assets could be used for…

Q: Pros and cons of long-term care insurance.   Discuss the pros and cons of long-term-care insurance.…

A: Long term care insurance: Long term care insurance means  an insurance that pays those costs that…

Q: what do students learn in accoutning and how is it beneficial in the future.

A: Accounting is the process of recording and analyzing financial transactions. It is a crucial…

Q: Use the typical personal financial life cycle to present the; situation, financial needs and an…

A: The personal financial life cycle refers to the various stages individuals go through in their…

Q: Why does every person behave differently depending on their financial incomes

A: Each and every individual is different from the other, and the thinking process and criteria are…

Q: How will I, as a health care manager, be involved in long-term financing for your organization?…

A:

Q: Give reasons why migration and income inequality is positively related.

A: Migration means the movement and settlement of people, usually in large numbers, from one area to…

Q: Discuss all the advantages and disadvantages of availing auto loan

A: Auto loan is availed by a person when the person is buying a new car and need to get it financed due…

Q: How to make a personal financial statement?

A: Personal Dinancial statement is a summary statement of individual financial position, it contains…

Q: why home ownership expenses can be itemized but expenses for renters cannot?

A: There are expenses which have been allowed by the tax authority over which the taxpayer can claim as…

Q: Residential rental property is rental property where at least what percentage of the income comes…

A: Residential rental property:  Residential rental property refers to homes that are purchased by an…

Q: Homeowners policies have limits for items such as rare coins and jewelry. Which of the following…

A: If an individual owns some expensive items like antique articles, jewelry, fine arts, etc. then such…

Q: evaluating economic progress in reducing poverty, which is the better measure – growth in income or…

A: The deduction in mortality is associated with the people living longer and have healthier life…

Q: Which of the following wouldn’t save you money on your auto insurance premium? * a. Decrease your…

A: The ways where insurance premium can be saved 1. Bundling the insurance with other policies 2.…

Q: Describe the differences between a person with a low personal discount rate and a person with a high…

A: The discount rate is the interest rate charged by the Federal Reserve Bank on short-term loans to…

Q: Explain the middle-income trap issue and elaborate the possible solutions to address the…

A: Traps:  There are various traps in finance and the economy, where individuals and countries can get…

Q: In addition to personal and financial issues, what other factors should the prospective owner be…

A: A prospective owner is an entrepreneur looking for establishing a new firm or have a new start up.…

Q: ow does becoming a social entrepreneur give value to accountancy?

A: The entrepreneur at the time of launching the service or product has to comply the accounting…

Q: Has job or school satisfaction affected your performance?

A: When a student personally interprets those activities and situations which will affect the extent of…

Q: What are the best ways to budget personal finances?

A: Personal finances refer to the management of an individual's money, including income, expenses,…

Q: WHAT ARE THE WAYS OF SUSTAINABLY FUNDING THE POOR?

A: Sustainably funding initiatives aimed at supporting the poor requires a multifaceted approach that…

Q: What are the requirements for Personal Financial Planning Engagements?

A: Audit Planning: Audit planning is the first step in the auditing process. Auditor gathers all the…

Q: Would

A: Rent-to-own (RTO) stores sell items such as furniture and appliances to consumers on an installment…

Q: Please add a source to the question. If you do want to elect COBRA coverage, what are some important…

A: COBRA (Consolidated Omnibus Budget Reconciliation Act) is a federal law that requires employers to…

Q: You have two investments that have positive net present values and are financially feasible. Your…

A: The NPV or Net Present Value is a capital budgeting technique which is the estimation of all future…

Q: Which of the following financial tools is especially important for parents? A. A will b. Life…

A: Following financial tools are important for parents-

Q: Which of the following returns is best described as a return necessary to induce an investor to make…

A: The unrealized returns are the returns on the amount deposited by the investor in a financial…

Q: Estate planning is becoming more important to many individuals. Identify several goals of estate…

A:

Q: What is Social Security and what are some of the benefits/advantages? There are different types of…

A: Social Security is a government program in the United States that provides financial assistance to…

Q: How will you, as a health care manager, be engaged in the long-term finance of your organization?…

A: As a health manager, I'll be involved in long-term funding decisions for my organization, and I'll…

Q: The main purpose of buying insurance is to have financial protection in case of a loss. O eliminate…

A: The answer for main purpose of buying insurance is to have financial protection in case of loss.…

Factors Affecting Housing Decision