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  • 08-12-2015
  • Social Studies
Answered

Illiquidity in real estate means that:

Ayou can quickly sell the property.
Byou don't have a water well on the property.
Cyou cannot quickly sell the property.
Dyou don't have financial leverage.

Verified Answer :

WorldCitizen WorldCitizen
  • 19-12-2015

illiquidity refers to the lack of liquidity, that is ease to sell an asset for money. It is the opposite of answer a) then and the correct answer is C:c. you cannot quickly sell the property.

Some examples are houses and land.

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