Ask Question
BusinessBusiness
17 July, 15:39

Although many factors affect the value of real property, what is the primary driver in determining the value of real property?

+4
Answers (1)
  1. 17 July, 16:55
    0
    Supply and Demand

    Explanation:

    Although there are many factors which are given below:

    1. Location of the real property

    2. Supply and demand

    3. The rate of interest

    4. Population size

    5. Market trends of property, etc

    But the primary driver is supply and demand because if the demand of the property rise than the supply, the price of real property is rising whereas if the supply of the property is rise than the demand, the price of real property is declining
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Although many factors affect the value of real property, what is the primary driver in determining the value of real property? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The following information is related to the defined benefit pension plan of Dreamworld Company for the year: Service cost $ 61,000 Contributions to pension plan 111,000 Benefits paid to retirees 156,000 Plan assets (fair value), January 1 643,000
Answers (1)
Suppose Jim and Tom can both produce baseball bats. If Jim's opportunity cost of producing baseball bats is lower than Tom's opportunity cost of producing baseball bats, then a) Jim has a comparative advantage in the production of baseball bats b)
Answers (1)
Gupta Industries received a $380,000 prepayment from Packard Associates for the sale of new equipment. Gupta will bill Packard an additional $108,000 upon delivery of the equipment.
Answers (1)
An attitude of constantly seeking ways to improve company operations, including customer service, product quality, product features, the production process, and employee interactions, is called:
Answers (1)
in the marketing your business video, what were the three reasons why social media is used in marketing departments?
Answers (1)
New Questions in Business
1. How is real GDP different from GDP? A. Real GDP takes inflation into account. B. GDP takes inflation into account. C. Real GDP uses utility rather than dollars as a unit of measurement. D. GDP only uses dollars as a measurement.
Answers (1)
Sparks Corporation has a cash balance of $10,500 on April 1. The company must maintain a minimum cash balance of $8,500. During April, expected cash receipts are $53,000. Cash disbursements during the month are expected to total $59,500.
Answers (1)
Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following dа ta: The yield on the company's outstanding bonds is 7.75%, its tax rate is 40%, the next expected dividend is $0.
Answers (1)
What is accounting mean?
Answers (1)
Hunter has always been great at math. He has an accounting degree and wants to work for the federal government in the Governance and Public Administration career cluster.
Answers (1)
Home » Business » Although many factors affect the value of real property, what is the primary driver in determining the value of real property?
Sign Up Forgot Password?