The Research about the Connection Between Housing Prices and Unemployment

Abstract

The aim of this research is to investigate the potential correlation between housing prices and unemployment rates in London. Specifically, the study focuses on analyzing the relationship between the average housing price and the unemployment rate in the city. To achieve this objective, this paper employs statistical methods such as the t-test and regression analysis to determine whether there is a significant connection between the two variables. Additionally, a line chart is utilized to visually represent the changes in housing prices over time, providing a clearer understanding of the trends and patterns. By conducting this comprehensive analysis, we hope to gain insights into the potential impact of unemployment on housing prices in London.