Increased commerce means higher revenues, and large revenues lead to reduced taxes. This in turn makes the cost of living lower. That’s another huge factor when people are browsing through listed residential lots for sale. With more people wanting to live in the city, companies will be developing more residential areas and when quality products or supplies are cheaper, the expenses of building a house will be more cost-friendly.
A commercially developed city also brings another crucial dealmaker to prospective residential buyers – improved healthcare and education. Hospitals and clinics will have funds to support state-of-the-art facilities and schools will have classrooms with quality learning materials as well as fully-equipped laboratories. Proper healthcare is, of course, needed by everyone and parents will definitely choose to raise their son/daughter in a city wherein quality education is easily accessible.
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