Question

Family size and living expenses can influence which of the following factors?

a. how much you can afford to spend on housing
c. the type of financing you can obtain
b. the necessary size of your housing solution
d. all of the above.

Answer 1

Family size and living expenses can influence how much you can afford to spend on housing, the type of financing you can obtain, and the necessary size of your housing solution.

Step-by-step explanation:

The factors that can be influenced by family size and living expenses are:

1. how much you can afford to spend on housing: If a family has a larger size or higher living expenses, they may have less money available to spend on housing, which can limit their options and affordability.
2. the type of financing you can obtain: Lenders consider family size and living expenses when determining the type of financing they can offer. Larger families or higher expenses may affect loan eligibility and terms.
3. the necessary size of your housing solution: Family size and living expenses can determine the size of housing needed. A larger family or higher expenses may require a larger housing solution.

Therefore, the answer is all of the above.

Answer 2

the answer is D. All of the above

The smaller the family size, the lower the living expense is.

And if you lower the living expense, you gain more disposable income , which you can spend on stuff like housing or other expensive stuff, a better financing plan, and larger housing solutin