Posts Tagged ‘conduit’
Property Value Theory, Part 3: Places that Attract People
My Property Value Theory In urban settings the root value of all property is its attractiveness to human use, which I call “people-productivity“. This is different from resource-productivity, which is the basis for rural land values. There are two major things that attract people in a macro level: natural conditions (good weather, beautiful scenery, etc) [...]
Property Value Theory, Part 2: Interfaces and Conduits
Tuesday we took a look at the fundamental components of property values, at a macro level. In short, properties fall in two categories: resource-productive, and people-productive. Generally, if a property isn’t a farm or some kind of mine (or well) then it’s value is derived from it’s ability to attract human use. When humans use [...]