VOICED: Tech spurs growth in Silicon Valley housin

VOICED: Tech spurs growth in Silicon Valley housin

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the booming real estate market in Palo Alto, driven by the tech industry's resurgence and Facebook's IPO. With limited housing supply and increasing demand from new millionaires, home prices are soaring. The trend is expected to continue as tech companies expand, further boosting the local economy and real estate market.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current trend in the Palo Alto real estate market?

Homes are selling below the list price.

There is a high demand with multiple offers.

The market is experiencing a decline.

There are many foreclosures.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the Facebook IPO expected to affect the local real estate market?

It will decrease the demand for homes.

It will have no impact on the market.

It will lead to more foreclosures.

It will increase the demand for luxury homes.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many homes are currently for sale in Palo Alto out of 12,000?

5,000 homes

51 homes

500 homes

1,200 homes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the anticipated effect of Facebook's workforce expansion on the housing market?

It will have no effect on the market.

It will drive up real estate prices.

It will decrease the number of available homes.

It will stabilize housing prices.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact on realtors due to the tech boom?

Realtors leaving the area

No change in business

More business for realtors

Less business for realtors