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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Hank who wrote (46680)	1/5/2006 3:10:32 PM
From: London Brian	Read Replies (2) \| Respond to of 306849

Your comment touched on a topic of interest. I believe (at least here in So CA) it's very hard for an individual to make big money subdividing a property. It seems like builders/developers have greased(bribed) the local planning comission and council members with campaign contributions and perks and can work a development through the system. An individual will get hit with added fees for street improvements, undergrounding utilities, and such while the connected builder will get fees waived and the zoning density increased. Do you see the same problems? My parents have 10 acres in a 1 acre/home area of San Diego (escondido) with $million homes next to them. -Brian