We are not talking about the total available lands, are we?

We are talking about the rules and regulation of the local government on how easy it is to convert farmland into RE land. If it is easy to do so, the city would just spread out, out, and out.

I haven't lived in Atlanta. A friend bought a house there in the booming years. Because the developers did not increase the sale price for the next round, his house depreciated immediately after he moved in, as no one wants to buy a used house if he/she can buy a new one for the same price. But between I signed the contract to the time I moved in, I had tens of thousand in equity already.

There is a reason for the RE not to boom up in Atlanta.

所有跟帖： 

• Yes, you understand the issue :-) -miat42- ♂ (0 bytes) () 12/17/2007 postreply 09:11:35

• What I gonna say? Call the DC area crazy? -山高月小- ♂ (797 bytes) () 12/17/2007 postreply 09:23:50