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transactions. Some kinds of real estate businesses include: arizona low mortgage rate - Professional valuation services Brokerages - Assisting buyers and sellers in transactions Development - Improving land for use by adding or replacing buildings Property management - Managing a property for its owner(s) Relocation services - Relocating people or business to different country In owner-occupancy, the landlord - tenant relationship is short-circuited. Consider two people, A and B, each of whom owns property. If A lives in B's property, and B lives in A's, two financial transactions take place arizona low mortgage rate each pays rent to the other. But if A and B are both owner occupiers, no money changes hands, arizona low mortgage rate though the same economic relationships exists; there are still two owners and two occupiers, but the transactions between them no longer go through the market. The amount that would have changed hands had the owner and occupier been different persons is called the imputed rent. The effect of owner occupancy is therefore that the imputed rents disappear from arizona low mortgage rate of national income and output, unless figures are added to take them into account. Government loses the opportunity to tax the transaction. Sometimes governments have attempted to tax the imputed rent (Schedule A of the U.K. income tax used to do this), but this tends to be unpopular because arizona low mortgage rate people do not understand the concept of imputed rent. In modern economies, variations in the rate of owner occupancy are a good index arizona low mortgage rate the overall wealth of the nation, at least across time within a nation. Between nations, variations in traditions and in tax regimes make such comparisons hard to interpret. It is widely believed by politicians that owner-occupiers are more likely to vote