Date: December 6th, 2005

People value only what they pay for

6 December, 2005 (13:47) | Essential posts |

Essential to any understanding of affordable housing is the Payment Principle:
 
People value only what they pay for
 
Paying for an object (be it product or service) is an action that requires a choice based on conscious decision.  You reach into your wallet and hand over money in exchange for something else.  Choice and decision mean you [...]