VIP Class Notes (Phil)

talked about property and development of cities

Vocabulary

cost of living-

household income – salary combined for a household

capital gains tax –

exceed – more than

alternative – another choice

difficult to enforce

buy to let – buy a property to rent out

tenant – a person who rents a house

suburbs – outside of the central area of a city

to commute – travel from another city or area long distance to work

supply exceeds demand

normal people – average people