Socio-economic Factors That Influence Housing Choices Flashcards Preview

Home Economics: 13.7 - Housing > Socio-economic Factors That Influence Housing Choices > Flashcards

Flashcards in Socio-economic Factors That Influence Housing Choices Deck (15)
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1

List the socio-economic factors that influence housing choices.
(6)

Income

Size

Family stage

Personal Preference

Special Needs

Location

2

How does income influence housing choices?
(3)

Individuals will need to be able to obtain a mortgage and afford the repayments if considering buying a house

If considering renting, they will need to be able to meet monthly rent costs

The running cost of a home will also influence house choice as larger home will require more money for heating and maintenance

3

Why does income need to be considered when buying a home?

One needs to be able to afford the mortgage repayments

4

Why does income need to be considered when renting a home?

One needs to be able to meet monthly rent costs

5

Why does the running cost of a home need to be considered when choosing a home?

The running cost of a home will influence house choice as larger home will require more money for heating and maintenance

6

How does size influence housing choice?

The larger the family, the more space required, e.g. a larger kitchen/living space and more bedrooms

7

How does family stage influence housing choice?

A family with young children will have different housing needs from a retired couple, e.g. greater outdoor space, a study area and separate bedrooms for children, affecting housing choice

8

How does personal preferences influence housing choice?

Personal likes and dislikes regarding a home's exterior and outdoor space, layout, interior decor or view will influence a person's decision when choosing a home

9

Personal preferences may influence housing choice on what grounds?
(5)

Exterior

Outdoor space

Layout

Interior decor

View

10

How do special needs influence housing choice?

If a family member has a special need, e.g. a physical disability that causes them to use a wheelchair, it is important to choose a house that meets their needs, e.g. a bungalow with a ramp

11

Name a disability which would influence housing choice.

A physical disability that causes an individual to use a wheelchair

12

What type of house would be suitable for someone with a wheelchair?

A bungalow with a ramp

13

How does location influence housing choice?
(2)

As location determines the price or rental cost and the future investment value of the property

Homes in towns or cities tend to cost more due to their proximity to work, schools and amenities

14

Why do houses in towns or cities tend to cost more?

Due to their proximity to work, school and amenities

15

What does the location of a house determine?
(2)

The price or rental cost

The future investment value of the property