Question
While the housing market is in recession and is not likely to emerge anytime soon, real estate investment in college towns continues to promise good
| While the housing market is in recession and is not likely to emerge anytime soon, real estate investment in college towns continues to promise good returns (The Wall Street Journal, September 24, 2010). Marcela Treisman works for an investment firm in Michigan. Her assignment is to analyze the rental market in Ann Arbor, which is home to the University of Michigan. She gathers data on monthly rent for 2011 along with the square footage of 40 homes. The data, labeled Ann Arbor Rental, can be found on the text website. |
| Monthly Rent | Square Footage | Monthly Rent | Square Footage | ||||
| 645 | 500 | 1084 | 1163 | ||||
| 675 | 648 | 1100 | 1020 | ||||
| 760 | 700 | 1100 | 1150 | ||||
| 800 | 903 | 1185 | 1225 | ||||
| 820 | 817 | 1245 | 1368 | ||||
| 850 | 920 | 1275 | 1400 | ||||
| 855 | 900 | 1275 | 1350 | ||||
| 859 | 886 | 1400 | 1185 | ||||
| 900 | 1000 | 1450 | 1200 | ||||
| 905 | 920 | 1500 | 1412 | ||||
| 905 | 876 | 1518 | 1700 | ||||
| 929 | 920 | 1600 | 1440 | ||||
| 960 | 975 | 1635 | 1460 | ||||
| 975 | 1100 | 1635 | 1460 | ||||
| 990 | 940 | 1650 | 1170 | ||||
| 995 | 1000 | 1750 | 1944 | ||||
| 1029 | 1299 | 1950 | 2265 | ||||
| 1039 | 1164 | 1975 | 1700 | ||||
| 1049 | 1180 | 2200 | 4319 | ||||
| 1050 | 1162 | 2400 | 2700 | ||||
| |||||||
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Brinks Modern Internal Auditing A Common Body Of Knowledge
Authors: Robert R. Moeller
7th Edition
0470293039, 978-0470293034
