Question

why might buying a home during a recession be a good decision for some consumers? choose three answers. housing prices are down. it is easier to get a mortgage. less demand means more options for buyers. less demand means less competition with other buyers. fewer houses are on the market.

Explanation:

During a recession, economic slow - down leads to decreased consumer demand. This causes housing prices to drop. With less demand, there are more available homes for buyers (more options), and less competition from other buyers as fewer people are in the market to purchase. Getting a mortgage is usually more difficult during a recession due to tightened lending standards, and fewer houses on the market is not a positive for buyers.

Answer:

A. Housing prices are down.
C. Less demand means more options for buyers.
D. Less demand means less competition with other buyers.