Which one of the following is a true statement?
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)There are many factors to consider before investing in real estate.
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" investment.

Question

Quizplus · Accepted Answer

Real estate investment is a complicated and multifaceted endeavor that requires careful consideration of various factors, such as location, local market conditions, the condition of the property, financing options, and the investor's goals and risk tolerance. Therefore, it is crucial to conduct due diligence and evaluate all relevant aspects of a potential investment opportunity before committing any capital. The other options are untrue and/or misleading.

Which One of the Following Is a True Statement