The local property tax is likely to result in less than the efficient amount of investment in real estate.

Name: The local property tax is likely to result in less than the efficient amount of investment in real estate.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

The local property tax can lead to individuals being less willing to invest in real estate due to the increased cost of property ownership. This can result in less investment than what would be considered efficient for the local economy.

The Local Property Tax Is Likely to Result in Less