It’s Not All About Demand: Home Prices are Sky-High Where It’s Most Difficult and Most Expensive to Acquire and Develop Land

In San Francisco, San Jose, Los Angeles and Boston, the value of land accounts for more than half of a typical home’s value. Land’s share of home value is roughly 20 percent in Buffalo, Omaha, Indianapolis and Cincinnati. Potential homebuyers are priced out because of high land costs making homes very expensive. In recent years, […]

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source https://thebtrader.com/2019/06/24/its-not-all-about-demand-home-prices-are-sky-high-where-its-most-difficult-and-most-expensive-to-acquire-and-develop-land/?utm_source=rss&utm_medium=rss&utm_campaign=its-not-all-about-demand-home-prices-are-sky-high-where-its-most-difficult-and-most-expensive-to-acquire-and-develop-land