Which type of home has a tendency to depreciate in value?
A)Cooperative
B)Mobile home
C)Condominium
D)Duplex
E)Previously-owned single family home

Name: Which type of home has a tendency to depreciate in value? A)Cooperative B)Mobile home C)Condominium D)Duplex E)Previously-owned single family home
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Question

Quizplus · Accepted Answer

Mobile homes tend to depreciate in value because they are considered personal property instead of real estate. Additionally, they tend to have a shorter lifespan compared to traditional homes.

Which Type of Home Has a Tendency to Depreciate in Value