Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "Something BIBLICAL is Happening With New Construction" video.

  1. The process and financing for those newly cleared lots may have already be in place. By process, I mean infrastructure, water, sewer, storm sewer, power, gas, street lights etc. These may very well have to be completed as bond payments on the tax. If no bonds were issued, then the tax may be a couple hundred dollars per lot. If bonds are in place then the tax on each vacant lot could be several thousand dollars. Check you tax collector's records for a couple of the vacant lots. These are generally non ad valorm special assessments and therefore are NOT proportional to the token assessed valus for the lot. Who ever owns the lots pay this, obviously. Multiply this by a couple hundred lots potentially, and you can see if there might be motivation to build out or not. Much to know about new construction to understand a builder's motivation. Most people are not aware.
    1