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Yes and no. If someone buy land at scale, and tries waging zoning politics...yeah, okay, arbitrage. Vs. if John Doe buys a house near a substantial airport, t
by bell-cot 3y ago
Yes and no. If someone buy land at scale, and tries waging zoning politics...yeah, okay, arbitrage.
Vs. if John Doe buys a house near a substantial airport, then claims he didn't know? No, sorry, nothing's gonna change in his favor. Maybe he imagined it would, and planned...but that's just the difference between ignoramus and fool.
- renewiltord 3y agoThat’s just a matter of ability. A few guys can easily stall things. It didn’t take many to force Sonoma to change. All these attempts have risks. You can always try. Sometimes you’re powerful enough to get change in your favour. Other times you’re not and it was a good bet. Other times you’re not and it was a bad bet. Besides, this is quite refined now. I just put nana in the house. People can’t resist old people. She’ll have medical issues that need quiet etc etc. My landlord did something like that with a few buildings for the big London sewer project. London actually paid him for new windows and things like that. You just apply the force. Most taxpayers don’t notice this stuff so you can get hundreds of thousands out of it. Many government projects are slow, too, so you can do this for ones where they’re announced but no work has been done. Bam, free upgrades, earthquake retrofit, etc.