Real Estate is Behavioral


«Economics is a behavioral science, descriptive of the economic behavior of people under various conditions. It is the appraiser’s task to predict how people, both buyers and sellers, will behave with respect to the subject property when it is exposed for sale. People make values and determine prices.”

(Ratcliff 1972, 14)

,

Legg igjen en kommentar

Din e-postadresse vil ikke bli publisert. Obligatoriske felt er merket med *