8-31-09Chapt4 - commuting. 9. The coastline rent will be...

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Garrett Barnes HW Chapt 4 2,4,5,9 2. Landowner must pay his rent after all mobile payments are taking care of. It is residual because it is not mobile and cannot be put somewhere else. 4. 50,000 5. Because business flocks to central locations. Apartments come so the people that work in the business can have a place to live without
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Unformatted text preview: commuting. 9. The coastline rent will be dramatically lower because of no place to build around the building. Without more business coming in around the rent building, then there is no need of that building as a centric location....
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