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Sort of neat I guess. Seems like a community type thing, similar to Facebook campus. But also somewhat harrowing that this could catch on and you have entire ne
by nathanvanfleet 5y ago
Sort of neat I guess. Seems like a community type thing, similar to Facebook campus. But also somewhat harrowing that this could catch on and you have entire neighborhoods that are self contained and corporate owned. Maybe living on a lord's land was something that just stopped for a little while.
- FooBarBizBazz 5y agoSome huge percentage of Americans already live under an HoA or condo association. They've all but replaced municipal governments in many places.
- dd36 5y agoYou still own your property when there’s an HOA. I wonder why they didn’t do that here.
- FooBarBizBazz 5y agoIf you're building 1BRs, my guess is that you don't maximize your profits by selling them off as condos, because the demand to own is for 2BRs and larger. That, in turn, is probably because 1BRs are (very generally) for younger people in more temporary situations. I.e., those younger people are less likely to buy.