Clone of Ricky Su 43671942 (Assessment 3)
Duc Nguyen

Retail Re-state Market

Insight Maker is a program that allows users to create complex interactions among industry or social factors. This program was used to model the relationships among different players in the real estate market. 

 
This model shows the effects of changes in supply and demand, demand price and supply cost, availability of houses and houses prices on the Retail Re-state Market              Demand, Demand Price, Supply, Supply Cost, Interest Rate, House Market and Houses Prices can be all adjusted by the user using the sliders [Slider Value 0-100 (000 000 value)]. Allowing the user to simulate different scenarios and view changes in the market.  

For Example: 

A slight change in House Prices will affect the Availability of Houses, House Price and the Supply and Demand dramatically.

When Supply increases, the availability of houses increases while Demand decreases.

Supply/Supply Cost has a direct relationship to one another as one variable increases the other one decreases.  

Demand and Demand Price has a inversely relationship related to Price /

Availability of Houses is simply New houses and houses Sold, based on If statements, If Demand=>Supply or If Supply <= Demand, the quantity will adjusted to meet the Demand and Supply levels.

Houses Price is simply House Price Increase and Houses Price decrease, based on if statements, If Demand=>Supply Cost or If Supply Cost <= Demand Price, the price will be adjusted to meet the Demand and Supply price.