header bg

Scan QR code or get instant email to install app

Question:

Loss of value of an expensive home due to the close proximity of lower-priced homes in a neighborhood is known as ____

A regression.
explanation

Regression is the loss of value of nicer homes due to lower-value neighboring properties, progression is the increase in value of lesser homes due to higher-value neighboring properties. Both are elements of the principle of conformity.

Related Information

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

*

v2.0.4