Principles of Real Estate第 17 / 100 题
Which of the following is a physical characteristic of land?
a.Scarcity
b.Immobility
c.Situs
d.Permanence of investment
解析
The physical characteristics of land are immobility, indestructibility, and uniqueness (nonhomogeneity). Scarcity, situs, permanence of investment, and improvements are economic characteristics. These traits explain why land markets are local and why no two parcels are identical.
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