a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment

I can see this driving down the price of land and tanking the housing market (again). If they HAVE to sell their land, then suddenly a whole lot of new acres come up, and likely priced on the cheap. If there's all this new land being sold under market value, why buy something else?

edit: this is of course, doom-mongering and worst case scenario, but it is the sort of thing you have to think about.