True or False
1. As the loan underwriting process develops, the dispersion of loan interest rates increases, ceteris paribus.
2. As the market interest rate increases, the going-in capitalization rate increases.
3. There are two buildings: one is the fee simple estate and the other is the leased fee estate. If every physical condition of two buildings is the same, the values of two properties must be the same.
4. As the level of the expense stop increases, the developer’s net operating income increases, ceteris paribus
