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Hello I am hoping to get help completing this question. This is for a real estate market analysis

class.

Screen Shot 2019-12-11 at 2.50.06 PM.png

Screen Shot 2019-12-11 at 2.50.06 PM.png

20 4.’ a) If a city decides to lower the tax ratio for commercial properties, what 15 the long term
effect on spending by the city and residential property tax rates?
13) Consider the following information on the market for one bedroom apartments. Year 2010 2011 2012 2013 2014 2015 2016 2017
Average Rent 500 , 510 530 525 530 560 555 555
Vacancy Rate 2.7 2.9 2.5 . 2.4 . 3.0 2.4 ' 3.1 2.9
Summary Statistics _ ' Avera e St. Dev.
Rent $533 .1 $22.0
Vacancy Rate 2.74% 0.28% Use these data to predict rent for each year between 2018 and 2022. Be sure to discuss
how and why you came up with the number.

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