This assignment concentrates on what determines property value. It also explains about pattern of simultaneous causality. So, does land prices determines house prices or does house prices determines land price?
What determines property value- pattern of simultaneous causality
Why is there a debate about what determines property value? Does land prices determines house prices or does house prices determines land price? Is it due to direction or causality.. or it could be simultaneous in which one causes another no clear pattern of simultaneous causality. How much is a property worth? That’s a question every homeowner, seller, buyer, tax assessor and lender asks, and all reach a different conclusion. Property value, like beauty, is in the eye of the beholder, and depending on the purpose of the evaluation, the differing numbers reached are all correct.
What determines property value- pattern of simultaneous causality
Will it guide people into the property market and into development and allow them to be more mindful of final house price. or use market price to bargain for land price. Who is this research significant to? Is it important to the government who is trying to increase the number of houses built to increase supply. Argument that there is a huge supply of land available that property developers have access to.. because low house prices hasnt increased enough to use that land. until house price increases and only then will they build on the land. So, this is issues of property supply, these issues may explain it better. the government.
Detailed Instructions
|
Do you need Assignment help from intel-writers.us?
intel-writers.us is one of the best essay help websites on the internet
Kindly click the link below to order quality essays from qualified assignment help experts
We offer well written, referenced and plagiarism free papers .