Raw land at the edge of urban development that lacks the necessary permits for development is, in

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Raw land at the edge of urban development that lacks the necessary permits for development is, in general, the most risky kind of real estate investment. Defend or refute this assertion.

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Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

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Question Posted: Feb 16, 2017 03:27 AM

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Raw land at the edge of urban development that lacks the necessary permits for development is, in

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Evaluated against the two types of investment risk confronting real estate investors ...View the full answer

Intermediate Microeconomics

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