Quote:
Originally Posted by red-beard
The answer to that is commuter traffic. I was trying to show how much would fit in a Levitt-town style area. But now grab 50 acres of blighted urban area and put in 500 of these units. Maybe even make it a gated community. You now have a hipster place close to the city center. There is even space for off street parking, maybe an attached car port.
~2000 to 2500 square feet of land plus 400-500 sq. feet of house. Around here, that would be well under $100K. Instead of developing mini-condos, you have a Tiny House village.
Looking at the pricing of townhouses in area I'm looking, they go for $200-300K. Hmmmmm. This could be quite profitable.
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Yep, repurpose the inner city, burned out areas rather than infringing on my countryside. leave me to my peace and quiet, and let the urban spawl go inwards.