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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.

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13y ago
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2mo 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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