Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
What is another term for non-homogeneity in the real estate market?
What is another term for non-homogeneity in the real estate market?
- Consistency
- Standardization
- Uniformity
- Heterogeneity (correct)
What does non-homogeneity imply about parcels of land?
What does non-homogeneity imply about parcels of land?
- Parcels have similar characteristics
- Parcels are identical
- Each parcel is unique (correct)
- Parcels can be standardized
What factors contribute to the uniqueness of parcels of land?
What factors contribute to the uniqueness of parcels of land?
- Age, material, and cost
- Location, building type, and improvements (correct)
- Accessibility, amenities, and zoning
- Size, shape, and color
What is another term for non-homogeneity in the real estate market?
What is another term for non-homogeneity in the real estate market?
Signup and view all the answers
What does non-homogeneity imply about parcels of land?
What does non-homogeneity imply about parcels of land?
Signup and view all the answers
What factors contribute to the uniqueness of parcels of land?
What factors contribute to the uniqueness of parcels of land?
Signup and view all the answers
Flashcards are hidden until you start studying
