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Questions 1. Why is the income approach to value often difficult to use on a single-family residential appraisal? 2. What are the differences between the
Questions 1. Why is the income approach to value often difficult to use on a single-family residential appraisal? 2. What are the differences between the cost and sales comparison approaches to appraising property? 3. What are the capital gains rules as applied to residential property owners? 4. List four important drivers of housing demand and price appreciation. 5. What are public goods? How may they be reflected in house prices? 6. When considering an investment in "distressed" properties, what are the two most important areas of research that should be undertaken?
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