Which one of the following is a true statement regarding real estate investments?
A)It is not possible for real estate values to decrease.
B)Location is the least important factor when making a real estate investment.
C)The growth rate of real estate makes it a long-term investment.
D)There is no reason to evaluate a real estate investment because real estate always increases in value sooner or later.
E)The growth rate of real estate makes it a "get-rich-quick" scheme.

Question

Quizplus · Accepted Answer

Real estate is generally considered a long-term investment because it can take years for properties to appreciate in value and for investors to realize significant returns. This is due to factors like market conditions, location, and economic trends that can affect property values over time.

Which One of the Following Is a True Statement Regarding