Bid rent theory
id:
bid-rent-theory-239-2395091
title:
Bid rent theory
text:
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. It states that different land users will compete with one another for land close to the city centre. This is based upon the idea that retail establishments wish to maximize their profitability, so they are much more willing to pay more for land close to the CBD and less for land further away from this area. This t
brand slug:
wiki
category slug:
encyclopedia
description:
Geographical economic theory
original url:
https://en.wikipedia.org/wiki/Bid_rent_theory
date created:
date modified:
2024-03-12T03:48:50Z
main entity:
{"identifier":"Q2678989","url":"https://www.wikidata.org/entity/Q2678989"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/6/62/Bid_rent1.svg","width":799,"height":600}
fields total:
13
integrity:
15