--- john hull <[EMAIL PROTECTED]> wrote: > In most localities is seems that real > estate markets are pretty heterogeneous in terms of > both land characteristics and extant buildings,
Actually, the land is quite homogenous. Your neighbor's land is not much different from your's, unless one of you lives in a corner lot. > the markets might often be pretty thin, > especially outside of urban areas. In cities, they seem to be thick enough, as I see listings of many properties sold every week. > real estate markets aren't competitive, in the > economic sense of the word? In the sense of rivalry, there is plenty of competition in cities. Maybe not in some rural areas. Fred Foldvary ===== [EMAIL PROTECTED]
