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Kandace is interested in a house that fits most of her need, but it is located in a busy area where she is not sure she wants to live. Her concern about the properties location is call

A. physical deterioration
B. area preference
C. permanence of investment
D. Immobility

1 Answer

6 votes

Final answer:

Kandace's concern is known as area preference, reflecting her subjective feelings towards the livability and characteristics of the neighborhood. The correct answer is B).

Step-by-step explanation:

Kandace's concern about the property's location is best described as B. area preference. Area preference refers to the desirability of a particular location based on individual needs, desires, or concerns, often influenced by factors such as neighborhood characteristics, noise levels, and overall livability. Unlike physical deterioration or immobility, area preference is subjective and varies from person to person. It's not related to the permanence of investment, which concerns the long-term value stability of the property.

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