Location, Location, Location of the show, titled "Relocation Relocation Australia", began in 2011. Location, Location, Location Location, Location, Location is a Channel 4 property programme, presented by Kirstie Allsopp and Phil Spencer and produced by IWC Media, part of the RDF Media Group. The reality show follows Allsopp and Spencer as they try to find the perfect home for a different set of buyers each week. It first aired in May 2000. The 2007 series had a major revamp. The opening titles logo was changed and the format of the show altered. Instead of only one couple per week looking for a house
Location model Location model A location (spatial) model refers to any monopolistic competition model in economics that demonstrates consumer preference for particular brands of goods and their locations. Examples of location models include Hotelling’s Location Model, Salop’s Circle Model, and hybrid variations. In traditional economic models, consumers display preference given the constraints of a product characteristic space. Consumers perceive certain brands with common characteristics to be close substitutes, and differentiate these products from their unique characteristics. For example, there are many brands of chocolate with nuts and others without them. Hence, the chocolate with nuts is a constraint of its product characteristic