This topic contains a solution. Click here to go to the answer

Author Question: What unique advantages do co-op and condominium ownership provide to retirees? What will be an ... (Read 81 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
What unique advantages do co-op and condominium ownership provide to retirees?
 
  What will be an ideal response?

Question 2

What are the risks that real estate developers face?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Answer to Question 1

Retirees enjoy the benefits of homeownership without having to worry about maintenance and upkeep of the property. This is left to the co-op committee or the homeowner's association.

Answer to Question 2

Real estate developers face the risk of the unknown or uncontrollable. For example, the ability to acquire the land at a reasonable price, comply with zoning requirements or encountering a contaminated site or anti-development community can all jeopardize a profitable development.





 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

For a complete list of videos, visit our video library