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This model is the urban equivalent of von Thünen's rural land use model in that both are based upon locational rent. The main assumption is that in a free market the highest bidder will obtain the use of the land. The highest bidder is likely to be the one who can obtain the maximum profit from that site and so can pay the highest rent.
Rent Control: Regulation and the Housing Market. Center for Urban Policy Research, ISBN 0-88285-159-4. McDonough, Cristina (2007). "Rent Control and Rent Stabilization as Forms of Regulatory and Physical Taking." Boston College Environmental Affairs Law Review, Vol. 34 pp. 361–85. Niebanck, Paul L., editor (1986). The Rent Control Debate.
Lease Bonus: Prepayment for future expenses. Classified as an asset; amortized using the straight-line method over the life of the lease. Rent Kicker, or Percentage Rent: Common in retail store leases. This is a premium rent payment that the lessor requires and is treated as a period expense.
Its costs (including normal returns) amount to $30/t. Company X will ‘create’ more resource rent because of the more accessible resource. Scarcity rent The marginal opportunity cost imposed on future generations by extracting one more unit of a resource today. Scarcity rent is one of two costs the extraction of a finite resource imposes on ...
Economic rent is viewed as unearned revenue [3] while economic profit is a narrower term describing surplus income earned by choosing between risk-adjusted alternatives. Unlike economic profit, economic rent cannot be theoretically eliminated by competition because any actions the recipient of the income may take such as improving the object to ...
The absolute ground rent is sometimes explained as the rent which landowners can extract because they monopolise the access to or supply of land, and sometimes as the rent which arises due to the difference between the product-values and prices of production of output in agriculture, because of a lower than average organic composition of ...
A man waters the roof to protect his house as the Line fire burns in the San Bernardino Mountain foothills, forcing evacuations on Sept. 7, 2024. The fire started Sept. 5, 2024, and spread with ...
Once a utility's revenue requirement is established in a quasi-judicial proceeding called a rate case, overseen in most countries by monopoly regulators, the focus turns to translating revenue requirements into customer rates. Though an oversimplification, most revenue requirements are translated into a rate per unit of commodity used by a ...