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On Mon, 6 Mar 2006, Jonathan King wrote:
Ever since I've lived in five very different places I've been curious
about why you get this rather than that as an area develops. This has
all kinds of important corollaries like "can Columbia continue to grow
and prosper looking much the same way as it does now, or what changes
will occur?" (The answer: it can continue like this for a surprisingly
long time, but at some point, if the place remains desirable, the
pattern will change, possibly quite abruptly.)
I'm sure this kind of knowledge allows some people to become
multi-millionaires. Knowing how to predict real estate values is a good
skill to have.
Mike
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