Builders Can Sell Anything They Can Build Right Now: Mark Vitner

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Business
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the main reasons for increased housing demand during the COVID-19 pandemic?
The government provided incentives for buying homes.
There was a decrease in housing prices.
People spent more time indoors and needed more space.
People wanted to move to urban areas.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did builders limit their sales to a few homes per month?
To comply with government regulations.
To create an artificial scarcity in the market.
To avoid selling homes at a loss due to rising lumber prices.
To focus on building larger homes.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are demographic changes influencing the housing market?
Millennials are entering the market, increasing demand.
Baby boomers are selling their homes in large numbers.
The demand for rental properties is decreasing.
There is a decrease in the number of first-time buyers.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which cities are experiencing a migration away from due to the pandemic?
Nashville and Tampa
Atlanta and Charlotte
New York, San Francisco, and Los Angeles
Salt Lake City and Miami
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is happening to the housing market in the suburbs of New York?
Demand for housing is very strong.
There is a significant drop in housing prices.
New single-family homes are being built rapidly.
The market is stagnant with little activity.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What trend is observed in the co-op market in Manhattan?
A decrease in rental prices.
A surge in new co-op constructions.
An increase in short-term rental opportunities.
A decline in investor interest.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which area near San Francisco is noted as one of the hottest housing markets?
Oakland
Silicon Valley
Vallejo in East Bay
Downtown San Francisco
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