real estate REE3043 Questions and
Solutions | Grade A+
A market where tenants negotiate rent and other terms with property owners or their
managers is referred to as a
✔️: User Market
The market in which required rates of return on available investment opportunities are
determined is referred to as the:
✔️: Capital Market
The actions of local, state, and federal governments affect real estate values
✔️: All of the above
Approximately what portion of U.S. households own their own home?
✔️: Approximately two thirds
Of the following asset categories, which class has the greatest aggregate market value?
✔️: Non Government real estate
, Storm water drainage systems are best described as:
✔️: improvements to the land
What is the single largest asset category, in terms of value, in the portfolio of the typical U.S.
household?
✔️: Housing
Real estate markets differ from other asset classes by having all of the following
characteristics except:
✔️: homogeneous product
Which of the following is not important to the location of commercial properties?
✔️: access to schools
Which of the following attributes of a home are the most difficult to observe and value?
✔️: location attributes
Which of the following is not a form of property right?
Solutions | Grade A+
A market where tenants negotiate rent and other terms with property owners or their
managers is referred to as a
✔️: User Market
The market in which required rates of return on available investment opportunities are
determined is referred to as the:
✔️: Capital Market
The actions of local, state, and federal governments affect real estate values
✔️: All of the above
Approximately what portion of U.S. households own their own home?
✔️: Approximately two thirds
Of the following asset categories, which class has the greatest aggregate market value?
✔️: Non Government real estate
, Storm water drainage systems are best described as:
✔️: improvements to the land
What is the single largest asset category, in terms of value, in the portfolio of the typical U.S.
household?
✔️: Housing
Real estate markets differ from other asset classes by having all of the following
characteristics except:
✔️: homogeneous product
Which of the following is not important to the location of commercial properties?
✔️: access to schools
Which of the following attributes of a home are the most difficult to observe and value?
✔️: location attributes
Which of the following is not a form of property right?
