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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (99189)1/8/2008 6:34:19 AM
From: MoominoidRead Replies (1) of 306849
 
In other words both population density and income per capita are factors, or more simply income density (GDP per unitland area). The latter is one variable and is simpler but data on the former two are more commonly discussed. So people think of population's effect on land value holding income per capita constant and vice versa. But yes if population increases and income per capita falls you'll see a very different result than if income per capita is constant.
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