"Over the Long Run, the Change in Location Value Provides

question 22

Multiple Choice

"Over the long run, the change in location value provides a theoretical ceiling to the average capital gain of the unlevered investor in already-built property…" This summarizes:

• A) The property principle
• B) The depreciation principle
• C) The investment principle
• D) The leverage principle

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Definitions:

Pièce De Résistance

The most outstanding or special part of a meal, event, or work of art.

Alternative-Choice Close

A sales technique where the salesperson presents the prospect with two choices, both leading to a sale, aiming to simplify the decision-making process.

Two Options

In decision making, presenting specifically two choices for easier selection or comparison.

Prospect

A prospect is a potential customer or client who has been identified as fitting a target market or criteria for a product or service.