The phrase 'buy the cheapest house on the block' stems from which principle of value?

Principle of Regression and Progression

Explanation: In Real Estate Regression concept, A high-valued property surrounded by low- valued homes/property will suffer or witness decrease in value.

While in progression concept, a low-valued property surrounded by high-valued homes or properties will have an increased value.

Hence, The phrase 'buy the cheapest house on the block' as it will benefit from the value of the surrounding properties.

probably not? : o

unless you work at a circus or any other job like that. c:

maybe..

answer; 33,000;