The principle of anticipation indicates that property value is influenced primarily by potential future benefits of ownership. However, buyer enthusiasm and stock market conditions can also play a role in perceived value. Hence, the best answer is 'all of the above'. ;
The principle of anticipation asserts that property value is influenced by potential future benefits of ownership. While buyer enthusiasm and stock market conditions also affect property value, the primary focus is on future benefits. Therefore, the best answer is 'all of the above' (option d).
;