Answer your friend who claims that;b) The condominium prices are similar to those in other property types.(according to table below)Do you agree/disagree with this statement,explain your reason. 2015 2018 Table 2:2012 2016 Table 3:Changes inofTable 1:20121997 20052013Japan:ResidentialCondo.PricesRateProperty Price(2010=100)NetIndexMigration(2010=100)101 OsakawithResidential100100130174Fukuoka0.60.3LandsuburbsResidential100104110 Hokkaido115154Tokyo0.80.70.6PropertyAreaCondominiums104120140124JapanAverage100Osaka0.60.2-0.2AreaNagoya0.50.4AreaRest of-0.3-0.5Jaрan

b) The condominium prices are different from the other properties. The prices are usually higher…

Answered: Answer your friend who claims that; b)…

Answer your friend who claims that; b) The condominium prices are similar to those in other property types.(according to table below) Do you agree/disagree with this statement,explain your reason

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Answer your friend who claims that;

b) The condominium prices are similar to those in other property types.(according to table below)

Do you agree/disagree with this statement,explain your reason.

2015 2018 Table 2:
2012 2016 Table 3:
Changes in
of
Table 1:
2012
1997 2005
2013
Japan:
Residential
Condo.
Prices
Rate
Property Price
(2010=100)
Net
Index
Migration
(2010=100)
101 Osaka
with
Residential
100
100
130
174
Fukuoka
0.6
0.3
Land
suburbs
Residential
100
104
110 Hokkaido
115
154
Tokyo
0.8
0.7
0.6
Property
Area
Condominiums
104
120
140
124
Japan
Average
100
Osaka
0.6
0.2
-0.2
Area
Nagoya
0.5
0.4
Area
Rest of
-0.3
-0.5
Jaрan

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