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Define Four Great Forces in Real Estate

Four Great Forces: 

The Four Great Forces are things that can change how much a property is worth. They're like the ingredients in a recipe that make a cake taste different. These forces are social (how people live and interact), economic (jobs and money), governmental (rules and laws), and environmental (nature and the world around us).

Example: 

Imagine a house near a popular park (social). The area has a growing job market, so more people want to live there (economic). The local government decides to build a new school, which makes the neighborhood more desirable (governmental). Then, a beautiful lake nearby becomes a protected area, attracting even more people to the area (environmental). All these forces work together to make the house's value go up.

"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"

In the realm of real estate, there's a secret to be told,
Of Four Great Forces, that affect the worth of what's bought and sold.
Social, economic, governmental, and environmental make the team,
Together they influence the value, like a well-oiled machine.

Social forces come from people, and how they live and play,
A neighborhood with a friendly vibe, is one where folks will pay.
Economic forces deal with jobs, and the money that they bring,
A bustling town with opportunity, is a place where property will sing.

Governmental forces have to do, with the rules and laws in place,
Good schools and parks can make a home, much more than just a space.
Environmental forces are about, the world we live and breathe,
Clean air and water, nature's touch, are things that never leave.

So when you study real estate, and the values that may rise,
Remember the Four Great Forces, and the impact they provide.