The principle of `____` states that the higher values of larger homes tend to have a positive effect on the lower values of smaller homes.

Flashcard 11 - Property Valuation and Appraisal Flashcard Set for the Real Estate License Exam

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progression

Explanation:

Progression is part of the old adage to “always buy the smallest house in the neighborhood.” The high values of larger homes will pull the value of smaller homes up.

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