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Land use

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LouisDesyjr Member Level  Friday, 04/28/17 10:09:10 AM
Re: CyberGal post# 9
Post # of 19 
Land use

I get the impression that the land has limited use because most of it is undeveloped and/or desert like area. None of the land appears to have any farming use since there is no mention of farming ever being done on any of it.

I think the real driver for any value is what happens in Snowflake, AZ; and that will depend on commerce. The best future for the town, based on local resources, would be if the paper mill was back in production.

The other possibility is if some company wanted to setup some kind of large office or manufacturing complex and needed all kinds of space for such a development.

I am still amazed that most companies will in an instant off shore production to low cost areas of the world, but then jam their HQ staff into some of the most expensive real estate in the world just to have a place for people to go to an office.

As an example, in the San Fracisco area, one bedroom condos an hour away from the Apple HQ are in the order of $800,000 to $1 million. If someone gets laid off from their job and then replaces it with a job that pays 'only' $100,000 per year, they are ruined and will not be able to pay their mortgage; while the same amount of money would buy them a house with a few acres of land and they would be able to save for retirement.

Louis J. Desy Jr.

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