real-estate q

Name two of the main drivers for rent. Choose the most applicable answer.Supply and viewsViews and demandLocal zoning policy and demandSupply and demandWhat is a static economy? In a few sentences, describe in your own words. ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________In your own words, please explain what the book is trying to say in the following statement: “Simply put, if rent is the price for productive space, then demand for productive space is a derivative of the productive capacity of an economy”. ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________In your own words, explain the problem, and lack of market efficiency in rental income results due to the relationship between rental value and rental income, as outlined in chapter 3. ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________Can you explain one fundamental issue with attempting to forecast rents on a national level? ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________This announcement is closed for comments