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Select the correct answer. how can a poor housing market put home buyers in a financially unstable position? a. changing property values means it’s easier to find homes with low rental costs. b. when the home value decreases, property taxes and insurance costs increase. c. houses are valued lower than their purchase prices, so the home equity decreases. d. home buyers lose all tax benefits and tax incentives when the housing market goes down. e. mortgage payments can increase even though the home value decreases.

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gauravsingh23VT

Houses are valued lower than their purchase prices, so the home equity decreases  can a poor housing market put home buyers in a financially unstable position.

What are purchase prices?

Purchase prices is the amount which an investor or buyer pay at the time of buying the things or goods. It can be in the installment or the lump sump amount, both are considered the purchase price of the goods and services.

Thus, option C is correct.

For more details about Purchase prices, click here:

https://brainly.com/question/2009649

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