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Which of the following best explains why the demand for housing is more flexible than the supply?
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Which of the following best explains why the demand for housing is more flexible than the supply?

User JBone
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People are able to move and find a new place to live much more easily than a person can go and build a new home. This makes the demand much more elastic than the supply, which would be seen as inelastic.

User Dhar
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