Answer:
Land appreciating does not increase gross income per year is (B) False statement.
Step-by-step explanation:
The given statement "Land appreciating does not increase gross income per year " is False because Contrary to the statement, land appreciation can significantly impact gross income per year. When the value of land increases, it allows for potential income through methods such as selling or leasing the appreciated land. Real estate appreciation can contribute to higher returns on investment and positively influence the overall gross income of an individual or a business.
The appreciation of land is a fundamental concept in real estate economics. Property values often rise over time due to factors like increased demand, development in the surrounding area, or improvements made to the land. This appreciation potential is a crucial consideration for investors and property owners looking to maximize their financial gains.
Option B is correct.