Which of the following is NOT a physical characteristic of land?

Which of the following is NOT a physical characteristic of land?

• A. indestructibility
• B. uniqueness
• C. immobility
• D. scarcity

Answer: (D)

Scarcity is an economic concept rather than a physical characteristic of land. While it refers to the limited availability of land relative to demand, it does not describe any physical aspect of the land itself. In contrast, indestructibility reflects the notion that land cannot be destroyed, uniqueness indicates that no two parcels of land are exactly alike, and immobility signifies that land cannot be moved from one location to another. These three attributes are intrinsic to the nature of land and help define its physical characteristics, setting them apart from scarcity, which is more about the relationship between supply and demand in real estate.

Scarcity is an economic concept rather than a physical characteristic of land. While it refers to the limited availability of land relative to demand, it does not describe any physical aspect of the land itself. In contrast, indestructibility reflects the notion that land cannot be destroyed, uniqueness indicates that no two parcels of land are exactly alike, and immobility signifies that land cannot be moved from one location to another. These three attributes are intrinsic to the nature of land and help define its physical characteristics, setting them apart from scarcity, which is more about the relationship between supply and demand in real estate.