Improvements to land and structures can reach a point at which they have no positive effect on property values.
As long as money spent on such improvements produces a proportionate increase in income or value, the law of increasing returns is in effect. When additional improvements bring no corresponding increase in income or value, one can observe the law of diminishing returns.
This information is courtesy of Captain Wayne Rowlett and Rowlett Real Estate School
www.rowlettrealestateschool.com
Rowlett Real Estate provides traditional classroom training in Panama City, Florida and in Destin Florida.
Feel free to visit our classroom schedule at
http://www.rowlettrealestateschool.com/fl-schedule.htm
Rowlett Real Estate School is a full service Florida real estate school with online real estate courses in most every state at
http://www.rowlettcareerschool.com/
P.Stone, RRES
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