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QUESTION
a) Which type of cities are likely to experience higher price volatility? Cities with high ratio or low ratio of land to total property value?
a) Which type of cities are likely to experience higher price volatility? Cities with high ratio or low ratio of land to total property value? Briefly explain why. b) What other important factor affects the real estate price volatility in some locations more than others? explain.
What other important factor affects the real estate price volatility in some locations more than others?
