Property Valuation
Regression is an appraisal principle that states:
AA property's value increases when surrounded by higher-value properties
BA higher-value property's value is diminished when it is surrounded by lower-value properties✓ Correct
CProperty values always return to historical averages over time
DSupply and demand balance out over long economic cycles
Explanation
The principle of regression holds that a higher-value property will decrease in value when surrounded by properties of lower value. The opposite principle — progression — holds that a lower-value property benefits from being surrounded by higher-value properties.
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