Factors effecting demand in real-estate

The following factors effects the cost of real-estate

1. Demand is influenced by:
   1. Economic condition
      1. Amount income and disposable money in the hand of buyers.
      2. Cost of borrowing (i.e. interest rate)
      3. Economic confidence
      4. Financial policies set by governments
      5. Tax relief
      6. Rental conditions or availability and rates
   2. Affordability
      1. Cost of property
      2. Cost of living
      3. Cost of maintenance
      4. Ability to repay
   3. Demographics
      1. Age of population
      2. Migration
      3. Immigration
      4. Family composition
      5. Type of population
   4. Environmental Factors
      1. Industrialization
      2. Pollution
      3. Exposure to nature
   5. Social Factors
      1. Social security
      2. Crime rate
      3. Social and cultural background
      4. Ethical standard
      5. Social comfort
   6. Political influences
      1. Land policies and regulation
      2. Grants and stimulus
      3. Political stability
      4. Government intervention and oversight
      5. Long term development plans
   7. Human factors
      1. Personal taste
      2. Fashion trends
      3. Friends and family
      4. Media
      5. Children
   8. Infrastructure
      1. Roads and accessibility
      2. Choice of school
      3. Access to health care
      4. Stores