5 ms·
This doesn't apply to the land component of the rent.
by tmnvix 3y ago
This doesn't apply to the land component of the rent.
- rmbyrro 3y agoThe land isn't really valuable. You can buy a football field for $10 in rural areas. But you'll be in the middle of nowhere, with no infrastructure, no services. The "location" value of a property is tied to what's around it. Having lots of people deciding to develop useful things and services around it.