02-08-2007, 07:36 AM
Goal #9
I believe that "flipping" should have some higher costs associated with them. Less than year ownership could have a SF fee associated that goes directly in an affordable housing fund to buy acreage and subdivide into smaller urban parcels for low income persons. And I dont think $200K is affordable. Years ago Waimea did the affordable housing and is "seemed" to work out. But a combo of sweat equity and low pricing may also work.
Edited by - kapohocat on 02/08/2007 11:39:05
I believe that "flipping" should have some higher costs associated with them. Less than year ownership could have a SF fee associated that goes directly in an affordable housing fund to buy acreage and subdivide into smaller urban parcels for low income persons. And I dont think $200K is affordable. Years ago Waimea did the affordable housing and is "seemed" to work out. But a combo of sweat equity and low pricing may also work.
Edited by - kapohocat on 02/08/2007 11:39:05