Which of the following statements regarding the benefit of homeownership is incorrect? Select the most correct...

Which of the following statements regarding the benefit of homeownership is incorrect? Select the most correct answer.

Select one:

a. A hedge against rising rental costs.

b. Certainty of substantial capital growth over time.

c. Real estates are illiquid investments and the transaction costs are high.

d. Capital Gains Tax main residence exemption available in Australia.

Solutions

Expert Solution

Real estates are illiquid investments and the transaction costs are high.

This is not the benefit of homeownership, it is a disadvantage

jeff jeffy answered 1 year ago

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