Alabama Real Estate Practice Exam 2025 – All-in-One Guide to Master Your Real Estate License!

Question: 1 / 400

What is an example of a political factor affecting real estate?

Interest rates

Rent control

Rent control is an example of a political factor affecting real estate because it is a government policy that regulates the amount of rent that landlords can charge. This directly impacts the profitability and market value of rental properties in a certain area. Interest rates, water supply, and local economy are not examples of political factors affecting real estate. Interest rates are influenced by the Federal Reserve and economic factors, not political decisions. Water supply is an environmental factor, while local economy is more influenced by market forces and economic policies rather than political decisions.

Get further explanation with Examzify DeepDiveBeta

Water supply

Local economy

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy