Re:Goldman's new money machine: warehouses
by Goladus on Sunday November 06, 2011 @08:42AM
(#3202628)
> There are two basic components in house prices: the cost of land and the cost of construction.
Those are the components of house cost, not price. Price is determined by supply and demand. Take two identical houses on the same street, the one in the superior school district will command a much higher price.
Those are the components of house cost, not price. Price is determined by supply and demand. Take two identical houses on the same street, the one in the superior school district will command a much higher price.