Question

The county wants to raise property taxes. Why would Realtors be against this

change?
O
A. Because it would cost more to build homes
O
B. Because the quality of homes would decrease
O
C. Because fewer people may be willing to purchase a home in the
area
O
D. Because it would require Realtors to have licenses in order to sell
homes

Answer 1

C. Because fewer people may be willing to purchase a home in the area

Step-by-step explanation:

Property taxes is the amount of money that people have to pay annually to the government if they want to own a property (such as a house or office building, etc).

Increasing property taxes means that there will be lesser people who can afford to own property in that area.

This will create a shortage of demand for properties in that area. Since realtors are the one that built and sell those properties, they profit will most likely decreased when the property taxes raise.