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Michael Hendrix 4 Jun 18
Replying to @morbital
That’s the point, that regulation has driven up the price of land
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Michael Hendrix 4 Jun 18
Replying to @morbital
The cost of land is in the gap between construction costs and the house price.
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Jason Haehl 4 Jun 18
What about supply and demand on the housing market? Just because the house materials market prices has stayed the same doesn’t mean housing prices can’t inflate...
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Cllr Theodore Furness🌄🔰🌹 5 Jun 18
The physical building depreciates with time without on going capital investment. Land is the only part that really increases in value
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Antoni Wojtyra 🔰 5 Jun 18
When you know, you know
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Cllr Theodore Furness🌄🔰🌹 5 Jun 18
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Nick Schulz 4 Jun 18
Replying to @michael_hendrix
Rent is too....?
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Michael Hendrix 4 Jun 18
Replying to @nickschulz
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Pradheep J. Shanker 3 Jun 18
Replying to @michael_hendrix
GLORIOUS. I will now have to include this on all my charts.
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Michael Hendrix 3 Jun 18
Replying to @Neoavatara
You’re welcome
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Yankee Joe 4 Jun 18
Replying to @michael_hendrix
Source for this chart? Preferably without lebron lol
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Michael Hendrix 4 Jun 18
Replying to @TheRealJoeGrizz
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Michael Hendrix 5 Jun 18
Replying to @AndrewCFollett
Thank you, sir
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Brian Noyes 6 Jun 18
Replying to @michael_hendrix
Great chart, but why LeBron??
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Michael Hendrix 6 Jun 18
Replying to @bnoyes
why not Lebron? (actually, I just thought it'd be funny to combine Lebron's new meme with one of my pet issues)
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Brian Noyes 7 Jun 18
Replying to @michael_hendrix
He is an icon in CLE, and he does play in the Quicken Loans arena...I can see the connection now.
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Coffee Lance 3 Jun 18
Replying to @michael_hendrix
But we don’t buy most products based on *cost*... in housing: demand/competition, regulatory overhead, etc., all factor in.
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Zach Allen 4 Jun 18
Shhhhh! 🤫 Don’t confuse the economic illiterates.
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