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Which of the following best explains why buying a single-family home in a city

is a good investment?
A. Mortgage payments on houses are generally lower than rent on
urban apartments.
B. Low crime rates in the city make it safe to invest in a single-family
home.
C. Housing prices in cities generally increase more quickly than
anywhere else.
D. Living in the city puts people in closer proximity to high-paying
jobs.

User KOssi
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2 Answers

2 votes

Answer:

housing prices in cities generally increases more quickly than anywhere else

Step-by-step explanation:

User Jumax
by
5.0k points
5 votes

Answer:

C. Housing prices in cities generally increase more quickly than

anywhere else.

Step-by-step explanation:

An investment is an activity that leads to an increase in value or wealth. A good investment is one that appreciates its value with a big percentage in a short period. Houses are always in demand in big cities. For this reason, their prices are ever appreciating.

Buying a single-family home in a city is a good investment decision because it is bound to appreciate in value. Should one decide to sell it later, they are highly likely to receive a much higher amount than they paid for it. The probability of making some good profits from the house is high.

User Lital
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4.6k points