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Why is it usually a bad idea to buy a newly completed condo unit to flip for a quick profit? A In a rising market, condos typically rise in value faster than single family homes  B In a rising markets condos typically rise more slowly in value than single family homes C Condos price tend to rise at times when single family houses prices dropping  D In a failing market, condos typically drop in value more slowly than single family homes

Why is it usually a bad idea to buy a newly completed condo unit to flip for a quick profit? A In a rising market, condos typically rise in value faster than single family homes  B In a rising markets condos typically rise more slowly in value than single family homes C Condos price tend to rise at times when single family houses prices dropping  D In a failing market, condos typically drop in value more slowly than single family homes

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Why is it usually a bad idea to buy a newly completed condo unit to flip for a quick profit?

A In a rising market, condos typically rise in value faster than single family homes 

B In a rising markets condos typically rise more slowly in value than single family homes

C Condos price tend to rise at times when single family houses prices dropping 

D In a failing market, condos typically drop in value more slowly than single family homes

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