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Average House Value - Dictionary Search

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Average House Value

This is the average value of a home in the country. Homes are being built all the time and the value of existing homes is increasing in time. This of course if the economy is growing and people have the money to buy new homes. If the economy is in bad shape, value of homes may decline. The home building business is under developed in the game and more features will be added in the future. The cost of housing which is paid by each family is collected each month and invested in construction. It means that we assume that the cost paid for mortgage in the country is about the same as the investment in new construction and maintenance of the existing homes.

Simcountry Dictionary

The most often used terms in simcountry are explained here. If you can't find what you are looking for, please contact The Gamemaster. This list is maintained daily.

Table of Contents:

1. Alphabetical Order
2. Search Term

1. Alphabetical Order [ top ]

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2. Search Term [ top ]

Term Description
Average House Value This is the average value of a home in the country. Homes are being built all the time and the value of existing homes is increasing in time. This of course if the economy is growing and people have the money to buy new homes. If the economy is in bad shape, value of homes may decline. The home building business is under developed in the game and more features will be added in the future. The cost of housing which is paid by each family is collected each month and invested in construction. It means that we assume that the cost paid for mortgage in the country is about the same as the investment in new construction and maintenance of the existing homes.