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A neighborhood in Citypark has undergone significant changes over the years. Initially it was a primarily owner-occupied neighborhood, but today it is made up of
A neighborhood in Citypark has undergone significant changes over the years. Initially it was a primarily owner-occupied neighborhood, but today it is made up of student rentals and investment properties. Assuming this change negatively impacted property values, this is an example of which of the following?
A.Tax depreciation
B.Physical deterioration
C.Functional obsolescence
D.Economic obsolescence
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