True Or False Flashcards
0
Q
The real estate market is generally slow to adjust to the changing forces of supply and demand
A
True
1
Q
The 6 classes of real estate mentioned in the main textbook are residential, commercial, rental, agricultural, mixed-use, and special purpose.
A
False
2
Q
The supply of labor and the cost of construction generally have a direct effect on the demand for real estate in a market
A
False
3
Q
Real estate professionals generally tend to specialize in one activity or class of real estate
A
True
4
Q
Warehouses, factories, and power plants are examples of commercial properties
A
False
