Ree 3043 exam 1 - Study guides, Class notes & Summaries

REE 3043 - Woodyard FSU - Exam 2 (1).

REE 3043 EXAM 2 QUESTIONS WITH CERTIFIED ANSWERS A statement by a real estate investment trust that it invests only in apartment buildings that are larger than 50 units and less than 10 years old is an example of an investment: - Answer-D. Policy statement The rent that can be obtained when leasing a property in an open and competitive market is termed: - Answer-Market Rent Income properties are purchased by investors who desire primarily to receive: - Answer- A. periodic income and appr...

REE 3043 Exam 1 Questions With Revised Answers The "gravity" that draws economic activity into clusters is: - answerdemand for access or proximity. The best example of a base economic activity would be a: - answerregional sales office. Which of these are true about agglomeration economies? - answerAll of these answers are correct. (They create a readily available supply of highly specialized goods and labor. They tend to reduce risks in real estate. They occur in larger cities. They res...

Which is NOT a method the federal government uses to influence the real estate market?☑️☑️ Through zoning regulation Real estate markets differ from other asset classes by having all of the following characteristics except:☑️☑️ homogeneous All of the following statements define the role of Real Estate in our economy except:☑️☑️ Real Estate generates only 20% of local government revenue (property tax). Real Estate as a tangible asset includes all of the following exc...

The "gravity" that draws economic activity into clusters is:☑️☑️ demand for access or proximity. The best example of a base economic activity would be a:☑️☑️ regional sales office. Which of these are true about agglomeration economies?☑️☑️ All of these answers are correct. (They create a readily available supply of highly specialized goods and labor. They tend to reduce risks in real estate. They occur in larger cities. They result from demand created by multiple i...

The gravity that draws economic activity into clusters isdemand for access or proximity The best example of a base economic activity would be aregional sales office In a system of bid-rent curves, assuming that the households are identical except for the feature noted, which of these prospective bidders will bid successfully for the sites nearest to the CBD?Households with the greatest number of commuting workers Rochester, Minnesota is home to the Mayo Clinic. People travel from all over t...