False: When interest rates are high and the economy is slow, selling a home may be hard.
In the United States, single-family homes make up the majority of homes. They are typically found in the suburbs and are less common in densely populated areas.
Land appreciates due to its limited availability; As a result, the demand for land rises in tandem with population growth, raising its cost over time.
Additionally, I frequently refer to my house as "my home. "My house is just a house otherwise. There is no such thing as an apartment. The usage of the three terms by the average American is very similar to this.
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