News for hackers. Stuff that matters.

A comment on Launch HN: Homestead (YC W20) – Lot-splitting to build new housing supply. Parent comment

Re:Launch HN: Homestead (YC W20) – Lot-splitting to build ne... by halpert on Friday January 07, 2022 @04:04PM (#29844790)
That makes sense. The value of the land will probably increase once you show how profitable it can be. Best of luck.
[ Parent | on HN ]
Re:Launch HN: Homestead (YC W20) – Lot-splitting to build ne... by TimTheTinker on Friday January 07, 2022 @05:11PM (#29845541)
I'll be interested to know if "SB9 eligible" becomes a popular detail to include in NMLS property descriptions. If so, I bet it's not long before SB9 eligibility gets priced into properties, causing even more price hikes (at least in the short term).

Would you pay 20% more up front for an SB9 eligible lot if you're guaranteed 20% overall profit from living in the residence for 3 years while doing a lot split and sale of the second property?

[ Parent | on HN ]
Re:Launch HN: Homestead (YC W20) – Lot-splitting to build ne... by ericd on Friday January 07, 2022 @06:54PM (#29846699)
Hopefully the supply coming online would counteract some of that via supply/demand.
[ Parent | on HN ]