San Diego collapsed - answer✔✔earlier than rest of US
California had a much - answer✔✔stronger recovery than the rest of US
Atlanta had - answer✔✔a normal slope of increase but not much of a boom
Atlanta got - answer✔✔hit hard during the recession
Atlanta got hit hard by bust because - answer✔✔of a lot of jobs in real estate and construction
with not much of a boom
Atlanta had a - answer✔✔very strong recovery- better off from when they were when the
collapse started
Dallas had - answer✔✔a non-existent housing crisis (same with any city in Texas)
Dallas never - answer✔✔boomed but steadily climbed from 2006-2011 and increased more after
recession
Texas and Midwest did not crash because of - answer✔✔the oil boom
Detroit's housing market was - answer✔✔very bad
Atlanta, Dallas, and Detroit experienced - answer✔✔very different dynamics from the other
metro areas
Current period of housing prices are - answer✔✔sustained across the US
CA and FL - answer✔✔increased the most from 2000-2006 but decreased the most from 2006-
2011 (along with Vegas)
Best Market since 2000 - answer✔✔Midland, TX
Worst market since 2000 - answer✔✔Bay City, MI along with most MI cities (manufacturing
jobs have disappeared)
Tangible Property is - answer✔✔land and the things permanently attached to land
Raw Land is - answer✔✔land in its natural state
Improvements TO the land is - answer✔✔taking land from its natural state and changing it so it
can be built upon
Subdividing, zoning, installing sewers and other utilities, excavation and fill, installing streets
and roads are examples of - answer✔✔improvements TO the land
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