Tag Archives: #2024

Acreage, Land & Investing

California High Desert, Modernism, Desert Hot Springs, Joshua Tree, Route 66 find 2.3 Acres under $175k, parcels now available on LandFS.com . Add a Contemporary Modern Steel instant build green energy home, like this from Blue Sky Building Systems, and you may end up with a million dollar home. Minutes from Palm Springs, Joshua Tree National Park, soaking in the galaxy, counting shooting stars…

Ask land sellers if they will consider monthly payments, via a Land Contract for 5 – 10 or 15 years, at maybe 11% interest? Use the current high inflation and diminishing dollar value to invest in your own future land bank.

Wise words on the cause of inflation from Milton Friedman: “Inflation is made in Washington because only Washington can create money… What produces it is too much government spending and too much government creation of money and nothing else.”

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Los Angeles land shortage for multi-family new construction in 2024

Developers having a hard time finding suitable infill building lots for multi-family dwellings in January of 2024. Many homes built in the 1920’s are looked at for tear-downs, partially due to the change in multi-family rezoning in California. Limited supply of level vacant land has created a shortage, pushing the prices to new highs, when New Home prices average above $1.45M, and more for dwellings that have the sought after Los Angeles Views. Some first time spec-home builders are jumping in the market, to hedge their income, from inflation, high taxes, and the high rental costs in Los Angeles, and other Southern California Cities. Home spec builders seek to maximize tax benefits from newer green energy products that save on utility costs, easier installations and were not available 30 years ago.