Howdy, I was thinking about a self-assessment scheme I read about once for property tax valuations. That got me wondering this: In most localities is seems that real estate markets are pretty heterogeneous in terms of both land characteristics and extant buildings, and that the markets might often be pretty thin, especially outside of urban areas. Are those "observations" accurate and if so can we conclude that real estate markets aren't competitive, in the economic sense of the word?
Curiously yours, jsh __________________________________________________ Do you Yahoo!? Yahoo! Mail Plus - Powerful. Affordable. Sign up now. http://mailplus.yahoo.com
