Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: MulhollandDrive who wrote (52049)	4/13/2006 6:51:57 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 306849

It's truly insane. The carrying capacity of that land is very low, only scrub grows there now. It's probably not even fit for ranching and grazing, that's how little vegetation is there. I'm very familiar with the location as it's on my way to Vegas from Phoenix....there's a damn good reason no one has lived there for centuries, namely lack of water, isolation, ferocious heat in the summer and lack of proximity to anything resembling civilization. By the time they get it ready to build on, gas will probably be 5+ dollars/gallon, which should really encourage folks who crave that 140 mile round trip commute......in a few years you could spend more on gas than on your mortgage note!<G/NG>