In your paper, you will describe this relationship and present a lucid argument for the importance of a better understanding of this relationship.

Inflation, Interest Rate and Income Effects on Housing Price in the U.K.
This paper’s objective is to give you an introduction into conducting an empirical research and
presenting the results of that research in a professionally written paper. To carry out this
research, you will identify an economic relationship (or a demand equation) between variables
that are interesting to you. In your paper, you will describe this relationship and present a lucid
argument for the importance of a better understanding of this relationship. And then, collecting
appropriate data, you will empirically estimate this relationship along with all of the appropriate
goodness of fit tests and statistics. Finally, you will analyze and report the results of your
empirical estimation with particular emphasis on how these results are important and useful for a
manager of a business enterprise or an economic agent faced with a choice. Your final report
must contain the following sections:

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