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From course:

Intro to Modern Real Estate

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(Practice similar questions for free)
Question:

Supply and demand are influenced by:

Author: Kevin Smith



Answer:

Residential: quality of life/neighborhood, amenities, price/facility convenience. Retail: trade area, sales, competition, site access, visibility, growth patterns. Office: efficiency, costs of occupancy, functionality. Industrial: functionality, labor pool availability, regulatory compliance, supplies, distribution channels.


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