Real Estate Glossary

External Economies

inflation calculator
Written by Richard Wilson

These are the cost-cutting allowances recognized by industries within a particular location, often a city, that is predominantly due to the advantages of sharing inputs, infrastructure, and information possibly linked to a city’s comparative advantage to support a particular activity.

These are the cost-cutting allowances recognized by industries within a particular location, often a city, that is predominantly due to the advantages of sharing inputs, infrastructure, and information possibly linked to a city’s comparative advantage to support a particular activity.

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Richard Wilson

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