What investors need to understand.The population of the US continues to grow at a fairly rapid pace, and people need places to live.
California, because of its mild climate, is a magnet for people looking for a decent place to live.
City people are looking to escape the craziness of large urban centers, and since covid, have realised that many of them can work from smaller cities.
The middle class continues to build wealth, and they too are looking for safer and more affordable places to live.
I started travelling in the western half of the US 50 years ago, so I have seen how things can change rapidly over the years. I looked at many pieces of vacant land over the decades, thinking that, gee, maybe I should buy that? Not many years later, in every case, that land is now covered with houses. Yes, I was dumb to not buy at least one of those properties, but that is beside the point. Americans are building houses in the most unlikely places, let alone in a decent city like Tehachapi.
So for anyone to claim that Sage Ranch isn't needed, they aren't thinking past tomorrow.