Research undertaken by CBRE in this sector has revealed that operational costs are extraordinarily high as a share of gross income, and as a result of excessive land speculation
, low density compounds with the necessary range of leisure and recreational facilities are extremely difficult to build at a price that would make them competitive with the long-standing compounds already operating in this sector.
Freeman wrote, "If a choice had to be made, he preferred active risk to passive ruin, but in strategy as in land speculation
, Washington was a bargain hunter.
He declined to say where it may be constructed, citing concerns about land speculation
We encourage land speculation
and discourage industry.
The residents say that massive port development will harm the region's tourism appeal and land speculation
is threatening the local communities' tenure due to excess interest spawned by Lapsset.
The NTD's land speculation
deal would have, at a minimum, "significantly affect[ed] patterns of land access and use for tens, or even hundreds of thousands of people.
Ma also instructed the Executive Yuan to dampen land speculation
by levying two to five times of land price tax on hoarders of vacant land in municipalities with high realty prices.
He said he would keep the location of the project a secret, apparently to avoid possible land speculation
in the area.
Then the 1887 federal Alien Property Act was enacted to prohibit the ownership of land by aliens--or by companies more than 20% owned by aliens--in the "territories" (as opposed to the fully fledged states), where land speculation
was particularly rampant.
He married Lucy Bakewell a few years later and moved to Kentucky, where he was a jack-of-all-trades, including land speculation
and slave trading.
Most developers agree that land prices should represent no more than 30 percent of total development costs, in order to avoid jeopardizing projects, but in many Middle East locations, such as Saudi Arabia, land speculation
has driven up prices and made middle- income housing difficult to pursue.
It was plagued by fraud and corruption (both early banks were privately held), and it fueled land speculation
by over-extending credit.