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airplane: The intricate real estate-airline pricing model - 10/12/07 01:53 PM
There are a fair number of experts being used by the media who are telling the buying public not to buy property right now because prices will come down.  That's basic economic theory they tell us.
Unfortunately real estate pricing is a little more complex than that. Some prices have come down, some haven't, and some might not.
Sometimes real estate has a few elements of airline pricing and even using that model, there are some exceptions to the rule.
Basic economic theory says that if you have too much of an item, the prices will go down until your supply and demand … (3 comments)