If the cost of rental housing increases relative to house prices,demand for purchased housing tends to increase.

Name: If the cost of rental housing increases relative to house prices,demand for purchased housing tends to increase.
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When the cost of rental housing increases relative to house prices, people may choose to purchase a house instead of renting because the cost of renting has become relatively more expensive. This can lead to an increase in demand for purchased housing.

If the Cost of Rental Housing Increases Relative to House