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There is an old joke in the Property or Real Estate business:
Question: "In establishing the value of a house, what are the three most important factors?"
Answer: "Location, location, location."
In other words, the area the property is located in is so important, everything else you could say about it hardly matters.
This humorous retort has given rise to many variations.
Wiki User
∙ 13y ago
The phrase "location, location, location" is a common mantra in real estate that emphasizes the importance of a property's placement in determining its value and appeal. It is believed to have originated from a quote attributed to British real estate tycoon Lord Harold Samuel in the 20th century.
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Hilton
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