4 ms·
I'm not buying the land to remove the houses. I'm buying the land so developers can't get their hands on it.
by normloman 11y ago
I'm not buying the land to remove the houses. I'm buying the land so developers can't get their hands on it.
- icebraining 11y agoOh, then you don't need to buy them, just wait a while. With very few exceptions (mostly a few "ecohouses" for foreign tourists), no developer touches those villages with a ten foot pole. Between the desertification of the region, the crashed real estate market and the cost of rebuilding those houses, the average return is probably between "terrible" and "catastrophic".
- saalweachter 11y agoNot to mention the qualification of "... if the ownership rights were determined." Nothing like making a substantial investment and then -- if you actually turn it around -- having a couple dozen claimants pop up suing you for illegally occupying their ancestral/childhood lands.
- icebraining 11y agoYeah, like I wrote in another comment, I'm personally expected to inherit ~1/52 of a small piece of land ;)