Land values are never penalized due to functional problems in existing buildings because Buildings can be moved or altered(A)
Explanation:
<u>Land Value</u> gives us a picture about the worthiness of a land or a Plot,but when we calculate the land value we do not take into consideration the buildings on the land
The factors that affect the land value of a land are
The future development potential around the land
Accessibility of the land to the economic activities
What are the natural and the Man made Amenities near the land
Various assets available on the land(Like its a Pasture or Crop Land)
Global poverty is defined as the number of people worldwide who live on less than $1.90 a day. A person surviving on less than $1.90 a day lives in extreme poverty, as defined by the World Bank.
