A Correction Is Coming For High-End Real Estate: Miller Samuel's Miller

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Business
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is causing the slowdown in real estate activity in high-cost markets like New York and California?
Buyers are not interested in these markets.
There is a lack of available properties.
Sellers are holding onto pre-tax condition prices.
The weather conditions are unfavorable.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been the average discount observed in the high-end market in New York?
10%
15%
25%
30%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which states are experiencing a rise in real estate activity due to migration from high-cost areas?
Texas and Florida
New York and California
Illinois and Michigan
Nevada and Arizona
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant issue in the US real estate market related to the type of properties being built?
The market is saturated with commercial properties.
There is a lack of luxury properties.
Too many affordable homes are being built.
There is a focus on luxury properties over starter homes.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the impact of the lack of affordable housing on the market?
It has caused a boom in the rental market.
It has stabilized the housing market.
It has led to a decrease in rental prices.
It has increased the number of luxury home buyers.
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