Quote:
Originally Posted by Roaddog53
I chat about this with some and when the salespeople mention a "buildout"... Sure it can happen.. Is it a marketing scheme? Possibly, why not? Until all is finalized, it's a good strategy for pricing and selling homes. Hurry before it is all gone!!
However, some interesting thoughts.
1) Why would the county/state government want it to end? TV has provided numerous jobs for the state. Unemployemt would climb, putting a burden on the local and state governments.
2) There continues to be huge tax benefits for the state and local governments to continue the build programs. Property,wage, and other taxes continues. It is no different when a major business is looking to build a plant in an area. Local and state government provide tax incentives to get them to build or stay in an area KNOWING they will make it up in employment taxes and jobs.
3) commercial businesses continue to thrive and grow.
IMHO..the state and local governments are working with the developers to continue the growth. Why would they allow it to end? Some of these parcels we hear about may be some of that deal sharing.
The state would be wise to almost GIVE them the land! They would make it up in tax revenues. The biggest issue is GETTING THE LAND I think from the current owners who I am sure want a pretty penny for it. I doubt if eminent domain would apply, but somehow persuasion would prevail.
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What about telling the truth - or is that concept so foreign to us now taking precedence over the allmighty dollar it doesn't matter. Does anyone tell the truth anymore - or is all about how much money can I make???