Which group would most likely be the target market for a new, expensive real estate investment ?*2 pointsA Baby Boomer couple with sizeable savingsCollege studentsRecent college graduatesA young professional couple
Question
Which group would most likely be the target market for a new, expensive real estate investment ?*2 pointsA Baby Boomer couple with sizeable savingsCollege studentsRecent college graduatesA young professional couple
Solution
The group that would most likely be the target market for a new, expensive real estate investment would be "A Baby Boomer couple with sizeable savings".
Here's why:
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Baby Boomer couple with sizeable savings: This group is likely to have a significant amount of money saved up from years of working. They may be looking for ways to invest their money, and real estate is often considered a good investment. They are also more likely to have the financial stability to afford an expensive real estate investment.
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College students: Most college students are not in a financial position to make expensive investments. They are often focused on paying for their education and may not have a steady income.
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Recent college graduates: While recent graduates may be starting to earn an income, they are often focused on paying off student loans and establishing their careers. They may not have the financial stability or savings to invest in expensive real estate.
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A young professional couple: While a young professional couple may have a steady income, they may not have had the time to save up a significant amount of money. They may also be focused on other financial goals, like paying off student loans or starting a family.
Therefore, a Baby Boomer couple with sizeable savings would be the most likely target market for a new, expensive real estate investment.
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