LOS ANGELES (CBSLA.com) Land in California has never been more valuable.
Land in California is worth more than it was a decade ago.
But what’s behind the growth of the land?
And what can you do with it?CBS News asked a few people about the land that’s now worth more in California than it’s worth in the United States.
Here’s what you need to know:The Land Value Index, also known as the Land Value Percentage, is an index that measures the value of all real estate in California.
The value of real estate is determined by the number of people who live in it.
It’s calculated by subtracting the land value from all other factors including income, median household income, property taxes and other taxes.
The higher the value is, the more people can afford to buy that land.
Land values have soared in recent years in some parts of the state, including Los Angeles County.
Land values have been rising in every county in the state except Orange County.
In Orange County, land values have risen by more than 30 percent in the past decade.
Land prices have also risen in Orange, Orange County and San Bernardino Counties.
The Land Values in Los Angeles area are rising faster than the rest of the country.
In Los Angeles, land is valued at $1.35 billion in 2020, compared to $734 million in Orange County in 2020 and $1,837 million in San Bernardino County in 2018.
That’s a 10.6 percent increase, according to the LA Times.