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22.02.2022 06:55
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Which of the following best explains why buying a single-family home in a city is

Which of the following best explains why buying a single-family home in a city is a good investment?
A. Mortgage payments on houses are generally lower than rent on
urban apartments.
B. Low crime rates in the city make it safe to invest in a single-family
home.
C. Housing prices in cities generally increase more quickly than
anywhere else.
D. Living in the city puts people in closer proximity to high-paying
jobs.
Show Answers
destiny465
destiny465
5,0(63 marks)

C. Housing prices in cities generally increase more quickly than

anywhere else.

Explanation:

An investment is an activity that leads to an increase in value or wealth.  A good investment is one that appreciates its value with a big percentage in a short period. Houses are always in demand in big cities. For this reason, their prices are ever appreciating.

Buying a single-family home in a city is a good investment decision because it is bound to appreciate in value. Should one decide to sell it later, they are highly likely to receive a much higher amount than they paid for it. The probability of making some good profits from the house is high.

crobinson2327
crobinson2327
4,5(40 marks)
Ithink its true not sure 

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