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by bdcravens 1535 days ago
The "theory" relates to increase over time for a single location, not differences between 2 locations at a single point in time. But to stick to your example, investors are more likely to flock to a location with greater returns. At the same time, Lubbock hasn't exactly remained stagnant.

https://learn.roofstock.com/blog/lubbock-real-estate-market

1 comments

Why are you so sure the outsized returns don't have anything to do with zoning?