Question 1

In a real estate market. "constrained supply", or rising real Long-Run Marginal Cost upward-sloping supply curve), is generally caused by:

Accepted Answer

A)  Inflation. 
B)  Technological improvements in the construction industry. 
C)  Scarcity of buildable land due to geographic or regulatory constraints. 
D)  Tenant requirements for more lavish accommodations. 
A)  Inflation. 
B)  Technological improvements in the construction industry. 
C)  Scarcity of buildable land due to geographic or regulatory constraints. 
D)  Tenant requirements for more lavish accommodations.

Question 2

Which statement below is true?

Accepted Answer

A)  The supply side of the space market consists of investors. 
B)  The demand side of the space market consists of investors. 
C)  The supply side of the space market consists of potential tenants. 
D)  The demand side of the space market consists of potential tenants. 
A)  The supply side of the space market consists of investors. 
B)  The demand side of the space market consists of investors. 
C)  The supply side of the space market consists of potential tenants. 
D)  The demand side of the space market consists of potential tenants.

Question 3

If properties in a certain market are typically selling for prices of $100/SF and they are yielding current annual net income of $8/SF, then the typical "cap rate" prevailing in this market is:

Accepted Answer

A)  $12.50. 
B)  $8/SF. 
C)  8%. 
D)  Cannot be estimated from the information given. 
A)  $12.50. 
B)  $8/SF. 
C)  8%. 
D)  Cannot be estimated from the information given.

Question 4

Which of the following statements is true about equilibrium real rents net of inflation) in the space market over time?

Accepted Answer

A)  An increase in demand will necessarily produce an increase in rents, but a decrease in demand will not necessarily produce a decrease in rents. 
B)  An increase in demand will not necessarily produce an increase in rents, but a decrease in demand will necessarily produce a decrease in rents. 
C)  An increase in supply will necessarily produce an increase in rents, but a decrease in supply will not necessarily produce a decrease in rents. 
D)  An increase in supply will not necessarily produce an increase in rents, but a decrease in supply will necessarily produce a decrease in rents. 
A)  An increase in demand will necessarily produce an increase in rents, but a decrease in demand will not necessarily produce a decrease in rents. 
B)  An increase in demand will not necessarily produce an increase in rents, but a decrease in demand will necessarily produce a decrease in rents. 
C)  An increase in supply will necessarily produce an increase in rents, but a decrease in supply will not necessarily produce a decrease in rents. 
D)  An increase in supply will not necessarily produce an increase in rents, but a decrease in supply will necessarily produce a decrease in rents.

In a real estate market. "constrained supply", or rising real Long-Run Marginal Cost upward-sloping supply curve), is generally caused by:

Which statement below is true?

If properties in a certain market are typically selling for prices of $100/SF and they are yielding current annual net income of $8/SF, then the typical "cap rate" prevailing in this market is:

Which of the following statements is true about equilibrium real rents net of inflation) in the space market over time?

Real Estate System

Central Place Theory and the System of Cities

Inside the City I: Some Basic Urban Economics

Inside the City II: A Closer Look

Real Estate Market Analysis

Real Estate as an Investment: Some Background Information

Present Value Mathematics for Real Estate

Measuring Investment Performance: The Concept of Returns

The Basic Idea: DCF and NPV

Nuts and Bolts for Real Estate Valuation: Cash Flow Proformas and Discount Rates

Advanced Micro-Level Valuation

Filters

Exam 1: Real Estate Space and Asset Markets

In a real estate market. "constrained supply", or rising real Long-Run Marginal Cost upward-sloping supply curve), is generally caused by:

Which statement below is true?

If properties in a certain market are typically selling for prices of $100/SF and they are yielding current annual net income of $8/SF, then the typical "cap rate" prevailing in this market is:

Which of the following statements is true about equilibrium real rents net of inflation) in the space market over time?

Real Estate System

Central Place Theory and the System of Cities

Inside the City I: Some Basic Urban Economics

Inside the City II: A Closer Look

Real Estate Market Analysis

Real Estate as an Investment: Some Background Information

Present Value Mathematics for Real Estate

Measuring Investment Performance: The Concept of Returns

The Basic Idea: DCF and NPV

Nuts and Bolts for Real Estate Valuation: Cash Flow Proformas and Discount Rates

Advanced Micro-Level Valuation

Filters