Question: Question 1 8 ( 1 point ) Three hurricanes, combined with the already high real - estate prices, have made people reconsider whether to retire
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Three hurricanes, combined with the already high realestate prices, have made people reconsider whether to retire to Florida. The cost of home ownership has increased due to stricter building codes. The influx of retirees is not expected to change because the baby boom generation is approaching retirement age and Florida has long attracted many retirees. Which of the following factors is tending to move the demand curve for Florida housing to the right?
The already high realestate prices
The current high construction costs
The increase in the cost of insurance
The aging of the baby boomers, increasing the number of people who are retiring
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