tagged w/ land banking formula
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Forget the current cyclical housing “down turns”, housing “busts”, mortgage “crisis”, etc.
Recently, I have been involved in purchasing more than 30 parcels of land in the Antelope Valley. Not one seller was selling for fear of falling prices. All were demanding increases in prices and getting them from us, private developers and other companies involved in land banking. WHY ARE LAND VALUES NOT DECLINING IN ANTELOPE VALLEY?
There is no other area in the United States that has the density of population and the net growth rate that can compare to the 60 miles radius surrounding the center Los Angeles. Combine that fact with the huge economic engine in that area (LA is the 11th or 12th most powerful economy in the world) and what do we have? AN UNPRECEDENTED DEMAND FOR LAND!!
INVESTORS BEWARE !!! DO NOT DIVERSIFY YOUR RETIREMENT BENEFITS TO LOSSES FROM FRAUD, WASTE AND ABUSE. BE FORWARNED.Forget the current cyclical housing “down turns”, housing... more
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taps65
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added this
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3 years ago
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