Subject: Re: [Homestead] Land prices, a perspective
Date: Thu, 19 Apr 2007 12:50:21 -0700
On Apr 19, 2007, at 7:52 AM, Don Bowen wrote:
At 4/19/2007, you wrote:
The buyer was a company called Desert Ridge Holdings, which plans to
put 3,700 housing units on it.
That is over $40,000 per house for the lot and where is the water
going to
come from?
And there you have my common response when someone says I should
conserve water.
Yep, add that 40k to the utility hookup costs and the governmental
fees and then the cost of building the structures and the amenities
that accompany. Of course, high prices are the fault of greedy
Realtors; everyone is agreed.