One measure of dysfunction in a housing market is the spread between the cash value of a home and the construction cost of a replacement home on the same site -- in other words, the cost of the dirt the home is sitting on. (more…)
One measure of dysfunction in a housing market is the spread between the cash value of a home and the construction cost of a replacement home on the same site -- in other words, the cost of the dirt the home is sitting on. (more…)