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I like this angle... Focus first on the fact that I'm having to pay taxes to put a roof over my head while the developer down the road is driving up land prices by squatting on an empty lot while paying pennies!


> I like this angle... Focus first on the fact that I'm having to pay taxes to put a roof over my head while the developer down the road is driving up land prices by squatting on an empty lot while paying pennies!

As a resident of the northeast, I've only owned 2 homes in the suburbs of a city. For those, the value of the land comprised 63% and 57% of the overall value of the property. I imagine that ratio changes as one moves away from the city.




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