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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (387565)5/31/2008 12:38:37 AM
From: combjelly  Read Replies (2) | Respond to of 1575781
 
"And btw, given the cost of land acquisition, a $100 billion cost estimate may not be that far off. "

The estimates I saw put that at the largest costs. All of the area in question is prime farm land. Dallas to Houston is hardly West Texas. And the time period in question was the peak of farming in Texas. I know, I have several cousins who took up farming during those years.

Things have changed. I know my cousins would get out, pennies on the dollar.

I do grant that I might not remember the dollar figure all that well. It was a long time ago and the impact of multi-billion dollar projects is different now. These days, if it doesn't approach a trillion, who cares?



To: tejek who wrote (387565)6/1/2008 11:48:44 AM
From: i-node  Read Replies (2) | Respond to of 1575781
 
>>> And btw, given the cost of land acquisition, a $100 billion cost estimate may not be that far off.

Utter nonsense.

As I pointed out at the time, the proposed high-speed rail from LA to Vegas was estimated at $3B including land acquisition. My guess was that $10B would be far overkill for Hou to Dal, and that holds. Probably half that.

I had clients who held substantial amounts of land where the George Bush Freeway now stands. This is a subject I know something about.