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Stavros is in the business of buying large tracts of land and then reselling them to consumers in small tracts. He is in business as a

a) Developer
b) Real estate agent
c) Speculator
d) Subdivider

User Sasharz
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1 Answer

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Final answer:

Stavros, who buys large tracts of land to resell in smaller tracts, is a developer and subdivider. Developers like William Levitt have had a historical impact on suburban growth. Development involves political, infrastructural, taxing, and growth considerations.

Step-by-step explanation:

When Stavros buys large tracts of land and then resells them to consumers in smaller tracts, he is engaging in the business as a developer and subdivider. A developer is someone involved in the purchase of land which they then improve upon by creating structures or making it suitable for residential or commercial use. A subdivider, similarly, buys large pieces of land and then divides them into smaller lots for sale, typically for housing or other developments. William Levitt was an iconic real-estate developer known for his significant impact on suburban development, using mass-production techniques to create entire neighborhoods of homes. Land development can involve complex considerations such as political connections, the impact on local infrastructure and taxes, the responsivity to pro-growth policies, and the tension between sprawl and smart growth initiatives.

User Abdulla Thanseeh
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