Question

A house that benefits from the desirability of its neighboring properties is an example of the principle of

a. balance.
b. contribution.
c. progression.
d. regression.

Answer 1

The correct option is c. progression.. The principle of progression applies to a house whose value is increased due to the desirability of surrounding properties, as similar socio-economic levels typically define neighborhoods.

Step-by-step explanation:

A house that benefits from the desirability of its neighboring properties is an example of the principle of progression. The principle of progression states that the value of a less expensive property is enhanced by the presence of more expensive properties. This happens because neighborhoods often have homes of similar socio-economic levels, and a house surrounded by more desirable properties will seem more attractive to potential buyers.

The house that benefits from the desirability of its neighboring properties is an example of the principle of progression. Progression is the principle that states that the value of a property increases when it is surrounded by properties of higher value. In this case, the house benefits from being in a neighborhood where the residents have similar levels of income and education, indicating a higher socioeconomic status.