Valuation & AppraisalPregunta 58 de 120
A large luxury home surrounded by smaller modest homes is worth less than it would be elsewhere because of the principle of:
a.Progression
b.Regression
c.Anticipation
d.Conformity
Explicación
The principle of regression holds that a higher-valued property loses value when surrounded by lower-valued properties. The inferior neighborhood drags its value downward. This is the counterpart to the principle of progression.
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