FARMLAND can be purchased at a low rate, because it is zoned Agriculture.
Developers purchase the land at this low price.
The government spends their money, puts in roads and improvements.
The developer then get the land rezoned to residential, some commercial.
And then, sells the land for a GIGANTIC profit, the percentage is staggering.
That is one reason developers and realtors, in some cases, make so much money.
And, the farms are gone, turned in to communities and shopping centers.
How long can this go on ........................?????
