Identify Each Speaker That Gives an Argument for Her Position

question 83

Short Answer

Identify each speaker that gives an argument for her position in the following passage.
Mother: If you are looking for a wise investment, try real estate. The price of housing has always risen faster than the rate of inflation.
Daughter: Maybe, but I'm skeptical. What's risen faster than the rate of inflation is the cost of land, not the cost of the structures put on it. Since the population isn't growing and the demand for land is declining, real estate may not be such a great investment any more.

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Definitions:

Subprime Mortgages

Loans granted to borrowers with lower credit ratings due to the perceived higher risk of default, often resulting in higher interest rates.

Quitclaim Deed

A legal document transferring a grantor's interest in a property to a grantee without guaranteeing the title's clearness.

Life Estate

A property interest that lasts for the life of a specific individual, after which the property reverts to the owner or moves to a different designated party.

Warranty of Title

A guarantee provided by a seller that they have the right to sell the property and that it is not encumbered by any undisclosed liens or claims.