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  2. PLVI - Wikipedia

    en.wikipedia.org/wiki/PLVI

    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.

  3. Economic rent - Wikipedia

    en.wikipedia.org/wiki/Economic_rent

    Economic rent is also independent of opportunity cost, unlike economic profit, where opportunity cost is an essential component. Economic rent is viewed as unearned revenue [ 2 ] while economic profit is a narrower term describing surplus income earned by choosing between risk-adjusted alternatives.

  4. Bid rent theory - Wikipedia

    en.wikipedia.org/wiki/Bid_rent_theory

    Bid rent curve [1] The bid rent theory is a geographical economic theory that refers to how the price and demand for real estate change as the distance from the central business district (CBD) increases. Bid Rent Theory was developed by William Alonso in 1964, it was extended from the Von-thunen Model (1826), who analyzed agricultural land use.

  5. Here’s How Much Rent You Can Afford Based on Your Salary - AOL

    www.aol.com/much-rent-afford-based-salary...

    In this case, limiting rent that matches a 30-times salary or less can help when earnings decrease. If additional costs in your area are high, like taxes, insurance or utilities, renting below a ...

  6. Location theory - Wikipedia

    en.wikipedia.org/wiki/Location_theory

    The cost per transport-unit k is: = + Where f is the direct cost of working, i the interest on capital A and C the annual volume traffic. Since f=F(A): = + and the minimum is found by imposing the first derivative equal to zero:

  7. Differential and absolute ground rent - Wikipedia

    en.wikipedia.org/wiki/Differential_and_Absolute...

    Differential ground rent and absolute ground rent are concepts used by Karl Marx [1] in the third volume of Das Kapital [2] to explain how the capitalist mode of production would operate in agricultural production, [3] under the condition where most agricultural land was owned by a social class of land-owners [4] who could obtain rent income from farm production. [5]

  8. Milwaukee minimum-wage workers must spend 84% of salary to ...

    www.aol.com/milwaukee-minimum-wage-workers-must...

    An affordable rent for minimum wage workers — meaning it would cost 30% of their annual salary — would be $377 monthly. Milwaukee and Wisconsin have seen some of the country's fastest-rising ...

  9. Is it better to rent or buy going into the new year? Easy ...

    www.aol.com/better-rent-buy-going-easy-183545934...

    On average, a new apartment lease will cost $2,165 monthly, while a mortgage payment on a new house is nearly $3,000. ... A rent ratio below 20 indicates that buying is advantageous. A ratio above ...