Impact of Regulations Worksheet - House Price Simulation [Virtual Learning Arcade]

A brief interactive worksheet looking at the impact on the price of a house of a change in government building regulations in the house prices simulation in the Virtual Learning Arcade.

Determination of a house price: Government Regulations

The aim of these question is to assess how a change in government building regulations will effect the price of a house.

If the government loosened building regulations, then the price of houses would (select one answer)

(a) * increase
(b) * decrease

What happens to the price of a house if government tighten building regulations (building regulations become tight); Try This

(Type your answer to the previous question in the box below, then click on explain)

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