3 ms·
> We still have huge amounts of extremely cheap land that could be made desirable with enough hard work. You can still buy a crazy amount of land in parts of th
by kaibee 2y ago
> We still have huge amounts of extremely cheap land that could be made desirable with enough hard work. You can still buy a crazy amount of land in parts of the country for like $50k.
Land is made desirable mostly from what productive use it has. ie: being near jobs. There's not really any hard work any one individual can do to make some random plot of land in Kansas more valuable than its current market price.
> participate in local government to help protect the value of that land.
This is a nice euphemism for blocking new construction and restricting housing supply.
- kjkjadksj 2y agoNot only being near jobs but being developable at all. There are lots in the hollywood hills that go for $40k. Why that low for such prime land you might ask? I’d assume you’d find out the reason fast as soon as the current owner unloads their lemon onto you for a mere $40k.