CHAPTER 9

Real Estate: Is It Still Location, Location, Location?

One of the first activities attributed to humanoids, even before spoken languages, was to seek shelter. Our quest for cover is as old as fire. We simply don’t like being exposed to the elements. Evolving in fits and starts over the millennia, that need is reflected today in construction techniques and property rights and other efforts and issues, some only marginally more sophisticated than contesting for and settling into the most comfortable cave.

The basics of sheltering have changed little. If you don’t have more people, you don’t need more shelter. But with an influx of people, shelter can be at a premium and you might have to compete for it. These days we worry about homeless ...

Get Understanding Economic Equilibrium now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.