Silver Supporter
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Most of his "revelations" are just plain wrong. I haven't lived in a suburb or urban environment for 20 years.
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The jobs are in the city. The percentage of people who live in urban areas has gone up from about 50% when I was a kid to about 80% now. Rural land has increased in value because it has decreased in quantity. Orygun has done a decent job of controlling urban sprawl, but yes, there are more areas out here now where people are putting up houses and less vacant land on which people are allowed to build. In WA county you can only build a house on farm land if the plot makes $80K per year for a number of years - and that is not easy to do. When we sold the 4 plots of land that made up our farm, only the two that already had houses on them could have houses on them. The other two could not - one went to Ponzi and they build a winery on it, the other is still a filbert orchard.
Where I live on the mountain the only reason the county allowed houses here is because it could not be farmed as it was too steep - only trees could be 'farmed' on this land, and with the zoning I have to maintain a certain percentage of forested land or get the zoning changed (not easy to do).
Most of the houses up here are either upper end houses, or they were already here before the land prices went up. Most of the people are upper middle class professionals who commute into the city to work, or are retired - not farmers. Most of the farms have been leased out or sold to larger farms as current generations no longer wish to farm - too much work for too little reward.
Our home is on 5 acres three miles north of Corvallis zoned RR5. We went to an estate sale here about 17 years ago and bought the place for cheap. The bare ground is worth much more today than we paid for the place with the house.
Our home is on 5 acres three miles north of Corvallis zoned RR5. We went to an estate sale here about 17 years ago and bought the place for cheap. The bare ground is worth much more today than we paid for the place with the house.
Just a point of view, what drove property values up so high?
It's good that the bad info is out there. Misinformation is always a good thing.
In my mind, it all depends on just which side you are on.I disagree. Misinformation us usually a very bad thing.
Land use laws, which artificially reduce the supply of buildable land. In Western Oregon it takes a lot size of at least 160 acres to qualify as "buildable" unless there is some other factor to get an exemption. Most lots less than that size can be owned, sold, and operated on (as in farmed or managed for forest crops), but cannot be built on or occupied continuously.
I would rather have farm land being cultivated than farm land being built upon. If it wasn't for the laws we have, my family's farm and my fathers farm would now be apartment complexes instead of farm land. Yes, it meant that when we sold the farms we got less money because they could not put houses on some of the plots and could not put more houses on the plots that already had houses on them, and could not sub-divide, but it also means that Portland and its suburbs in WA county do not look like LA or Phoenix.
Land use laws, which artificially reduce the supply of buildable land. In Western Oregon it takes a lot size of at least 160 acres to qualify as "buildable" unless there is some other factor to get an exemption. Most lots less than that size can be owned, sold, and operated on (as in farmed or managed for forest crops), but cannot be built on or occupied continuously.
At my ranch.......we make our own food, power and water what can city dwellers make?
And all the other s#it Mr FerFal had to protect himself against.Meth, BS, smog, noise, traffic jams, protests, attacks on gun owners.
Markets are very simple........when more people want the same thing (particularly one that can't be manufactured) the prices rise. I am decidedly bias.......but who wants to give up the freedoms we enjoy in rural areas to live in a city? The last time I lived in a city, I parked a small forklift in my car port......the city had an absolute fit but whenever anyone needed to lift or move something.......I got a knock on my door.