This blog accompanies the text, Real Estate Analysis: Environments and Activities by Julian Diaz III and J. Andrew Hansz. Student are encouraged to post assignments and original research papers to this blog. Please contact firstname.lastname@example.org for posting rights or to add your program to the blog. Some blog posts and objective questions maybe considered for publication in a future edition of the text.
Friday, September 20, 2013
Chapter 6 Questions
1)Money market lenders are very passive members in
the commercial paper market.
2)There no solely responsible party to blame for
the 2008 crisis.
3)Freddie Mac and Fannie Mae were at one time
government sponsored enterprises but have recently become government agencies.
4)The concept of highest and best use can be
described as the most productive use that a property can be physically and
legally dedicated to, maximizing its value.
5)Depository financial institutions face a
challenge called maturity mismatch when long term investments are funded with
short term liabilities.
6)Real estate markets establish prices to:
a.Inform real estate investment decisions
b.Stimulate or discourage real estate development
c.Allocate space among competing land uses
d.Establish land use patterns
e.All of the above
7)Which of the following is NOT a characteristic of a perfectly competitive market:
a.Product and input mobility
b.A free market
8)The supply/demand conditions and property
characteristics that create real estate value in the market for a space is