[ExI] to hold or not to hold

Adrian Tymes atymes at gmail.com
Tue Mar 26 00:36:31 UTC 2024


On Mon, Mar 25, 2024, 4:24 PM spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

> Is Florida a viable alternative to New York for the financial hub of the
> USA?
>

No.

But consider other uses for the property.  If it is of little value right
now but is near an area growing in population, and it is several acres (1
acres or a fraction does not attract the same interest), there are
companies that will sign 25 year leases at $1,000/acre-year and up to put
solar farms on similar properties.  At the end of the 25 years, the
degraded solar panels are removed and you get your land back, at much
higher value if the nearby area has urbanized during that time.

>
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