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	title of this thread your message 1. Location--which actually means spatial linkages for occupants must be better than the competition. 2. Price--Nothing priced higher than the competition sells well. 3. Constrained supply--whether persons admit it or not, the game of real estate is always fundamentally about creating supply in a way that competition can be limited, or eliminated entirely. Some times the site alone creates a monopoly position. Sometimes one must buy up potentially competitive sites and put them to other uses. 4. Equal or Superior product--if you have superior location, priced reasonably with constrained supply, then you only need adequate design to be financially feasible. Because this can frequently be achieved in real estate development, especially in retail and commercial real estate development, there is no economic need for exceptional, or even good design in order to make money. This is the part of the real estate game that many people just do not understand. This is why expensive neighborhoods, or mixed use developments HAVE to adopt ordinances, or restrictive convenants, or planning constraints, or zoning constraints, in order to achieve even minimum standards of design. The regulations are effectively subsidies to impose better design that what the real estate market, inherently subject to monopolistic regimes because of nonfungible locational and trade area characteristics would otherwise produce. Good design and architecture make real estate developments sell better and be more satisfying to customers. Designer branded architecture may bring a higher price, especially after the architect has been canonized as a great architect worth preserving...but not always. associated web images (optional) associated web link (optional) your email your password create a forums account \| you forgot your password?