Demand Relation With Price In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00415BG
Format:
Word;
Rich Text
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Description
A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.
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With demand surpassing supply, prices are on the rise, and the housing inventory is expanding, indicating a heating market. Contra Costa home prices fell in August 2024, with inventory tightening as sales rise.Strong demand and rising prices in the housing market threaten affordability and place a financial strain on many residents. While the medain price of single-family, re-sale homes continues to rise, year-over-year, it has been lower than the month before for the past two months. Where the higher the demand, the higher the cost and vice versa. Higher demand and a rise in oil prices could push pump prices higher. A travel demand element that promotes transportation alternatives to the singleoccupant vehicle. This chapter is known as the "Contra Costa County Cannabis Business Tax Ordinance.
