Quote:
Originally Posted by Oling_Roachinen
But what about ones on acreages and farms? I know a young couple who bought a quarter section, got a (nice) mobile home and plopped it down there. That would have not have even shown up on your search, and I don't think it's exceedingly rare, unless I'm missing something about why these homes would not be able to do so like the "manufactured" homes that you see on a lot of acreages.
Besides, with 80% already having moved or indicating they plan to move, it wouldn't need to be hundreds. It needs to be dozens.
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Oh yeah. I wonder if anyone mentioned to these guys they could just buy a
1/4 section and live a nice, pastoral life in the country.
It's kind of important to remember why this is happening in the first place. Repairing the utilities underground was estimated at 6 million for repairs and maintenance, 10 million for a complete replacement. Really nothing in the big picture. If they'd done it in 2006 it would be paid for by now with lot fees and property taxes.
And it's important to remember what's going to happen to the land...it's going to be developed to its highest and best use. It's going to generate millions in capital sales and millions in property tax.
It's fairly reasonable to suggest the tenants who have contributed to this property for over 40 years should at least benefit from some of this gain.