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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 1
Explain the role of government in real estate at the federal, state, and local level. Which has the most significant impact on real estate markets
Explanation
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Verified
The Federal government affects real estate mainly through income tax policy, housing programs, financing, and Fair Housing and Disclosure laws.
The State government affects real estate mainly through building codes, use controls. Public services and licensing of professionals and agents.
The local government affect the supply and cost of real estate through zoning codes, land use regulations, providing roads, bridges, utilities, schools, and other infrastructor needed by the community.
The local government has the largest influence on real estate.
The State government affects real estate mainly through building codes, use controls. Public services and licensing of professionals and agents.
The local government affect the supply and cost of real estate through zoning codes, land use regulations, providing roads, bridges, utilities, schools, and other infrastructor needed by the community.
The local government has the largest influence on real estate.
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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