Rhodes Development
32oF Now

Flagstaff, AZ

#12140 Jan 1, 2014
On the other hand, borrowed money in the stock market, known as "margin debt," hit an all-time high of $423.7 billion last November. This puts margin debt, adjusted for inflation, at just 4.6% below levels seen during the last housing bubble and above highs set during the dot-com bubble. Based on the current attractiveness of this low-interest debt, it is highly likely this year that margin debt could surpass the adjusted highs set during the housing bubble.
What say you this time, peanut gallery? Do I have some agreement on these facts and their consequent effects on the national economy? You know you can't have it both ways unless you're a bona fide hypocrite.
Conscientious Objector

Kingman, AZ

#12141 Jan 5, 2014
The Kingman Daily miner reported that Rhodes intends to farm 40,000 of the 80,000 acres here. Right now he is drilling wells and using water like crazy. First in time is first in right. Las Vegas gets 80% of their water from Lake Mead. Each year they use more water from the lake than what can be replenished. Kingman Arizona doesn't rely on Colorado River water. We have a few large aquifers here that can handle a huge population. Therefore I think the whole reason Rhodes is here and getting the water rights established is to get ready for the huge influx of Vegas residents once their water runs out. You don't have to believe me, look into it, it may be sooner than you think.

An added benefit is if you farm the land you get a tax exemption. Instead of paying high property taxes you will pay like 10 cents per acre. The same goes with ranchers. I'm researching this and will report later. With Rhodes paying less and less in taxes the rest of the residents taxes will go up to account for that shortfall. 80,000 acres is probably about a third of the private land held in Mohave County.
Conscientious Objector

Kingman, AZ

#12142 Jan 5, 2014
Doing research I came across this article published today in the NY times.

http://www.nytimes.com/2014/01/06/us/colorado...

I for one will enjoy the economic prosperity that will come to Kingman due to lack of water in Vegas. It is just simple statistics.
Dan

Ridgewood, NJ

#12143 Jan 8, 2014
Conscientious Objector wrote:
Doing research I came across this article published today in the NY times.
http://www.nytimes.com/2014/01/06/us/colorado...
I for one will enjoy the economic prosperity that will come to Kingman due to lack of water in Vegas. It is just simple statistics.
You must be really young.
mikey007

Flagstaff, AZ

#12144 Jan 9, 2014
California administration officials now expect a $4.2 billion dollar surplus in the state's coffers by the end of June--as apposed to the $26.6 billion deficit Gov. Brown encountered when he first took office in 2011. A rising tide lifts all boats including eventually Pravada.
mikey007

Flagstaff, AZ

#12145 Jan 9, 2014
As an addenda, here is a most astonishing fact probably 90% of the US population doesn't already know yet: the US government ran a SURPLUS for the month of last December and several sophisticated economists now argue that this acceleration may be somewhat detrimental. This is something you won't hear on Fox News...
villa man

Boise, ID

#12146 Jan 10, 2014
42oF Now wrote:
Rhodes arguably has put in a more emotional commitment than an economic one and this type of personal investment will not be easily dissipated over time. I remember him standing at the entrance to Pravada some seven years ago and urging his grading workers onward. I had the last word in 2013 and I'll have the first word in 2014. The very low current land prices still make this an extremely lucrative building enterprise when the national economic conditions warrant such a move forward. 2014 could be a stellar one for US GDP growth and could hasten that eventual build-out.
Dear Economist of now, GDP is expected to be lower this year according to other economists.
You get your info from Barack Obama website I am sure. If you post, why not post fact. What is GDP expected to be? 3%? That is not good. The U.S. economic outlook for 2014 is grim. In 2014, investors should be very worried—and they should be prepared.
villa man

Boise, ID

#12147 Jan 10, 2014
mikey007 wrote:
As an addenda, here is a most astonishing fact probably 90% of the US population doesn't already know yet: the US government ran a SURPLUS for the month of last December and several sophisticated economists now argue that this acceleration may be somewhat detrimental. This is something you won't hear on Fox News...
Well, Mikey, I will take my chances with Fox News over CNN overall. By the way lets see your where you get your SURPLUS information. By the way, will the alleged surplus have much effect on National Debt? Of course not.
villa man

Boise, ID

#12148 Jan 10, 2014
32oF Now wrote:
On the other hand, borrowed money in the stock market, known as "margin debt," hit an all-time high of $423.7 billion last November. This puts margin debt, adjusted for inflation, at just 4.6% below levels seen during the last housing bubble and above highs set during the dot-com bubble. Based on the current attractiveness of this low-interest debt, it is highly likely this year that margin debt could surpass the adjusted highs set during the housing bubble.
What say you this time, peanut gallery? Do I have some agreement on these facts and their consequent effects on the national economy? You know you can't have it both ways unless you're a bona fide hypocrite.
You can not have a recovery when unemployment is high and that includes those who dropped out unemployment lines Furthermore no recovery until housing picks up. Two indisputable facts but optimistic is very admirable ofNow.
villa man

Boise, ID

#12149 Jan 10, 2014
Dan wrote:
Lets say you hire a land consultant to find you a good deal. He calls you and tells you he found something. The property is actually owned by a local realtor. You find they've partnered on other deals as well. Isn't that contradiction of interest?
I was told when looking for land in the area Kingman realtors are very corrupt. I can say I made an offer on a large parcel but realtor said it was pulled off the market the next day. So they just list for fun and pull off the market for whatever reasons they want. Even the land I bought was being contested by agent's mother. You would not believe.
Buyer be extra aware.
villa man

Boise, ID

#12150 Jan 10, 2014
Ann wrote:
I did not have the heart to tell him what they were going for. No water makes land cheap. You are lucky if you have power. If you don't you have to almost give the land away.
No water. What does that mean? Vegas has water? 100 year water supply in GV last I heard.
villa man

Boise, ID

#12151 Jan 10, 2014
55oFNow wrote:
And on top of that, you have shed no light on my thermodynamic question.
Thanks for the good laugh. I am sure your IQ is 135 and mine has to be less BUT IQ does not mean you are not bias or inaccurate in your statements.

I will know more about pharmacological effects of medications than you ever will and that you surely take your share of psych medications. How do you get on this site and blather all day and worry about 2 or 3 acres will make you rich one day? Please. Sorry, lots rarely make anyone wealthy unless you are on Las Vegas Strip or downtown New York.

You would do best, since your IQ is so high, to bundle your land with neighbors to get the most value out of your lots. Okay, take some Haldol and check back here next year. UCSB, why do you have blab that all the time? Actually I do know some smart kids from there but you need to move on. Flagstaff, AZ????
villa man

Boise, ID

#12152 Jan 10, 2014
55oFNow wrote:
Realist, I see on www.LaTimes.com that the rents for that metropolitan area are currently 6% higher already than the pre-recession year of 2008. That factor alone over the course of the next few years should force some of the boomers into this desert area.
Of course the GV area will take off. Sure not an abundance of water but most land near growth areas will take off relatively soon. The vagueness of time is the problem. We never know how
fast growth will reach the outskirts of large developments, ie, Las Vegas. Having Kingman and
Bullhead nearby and other factors leads one to believe it won't be long. I will guess in 10 years or less because our economy is so unstable and politics in this country have never been so socialistic and anticapitalist.

55ofTHEN, how do you a genius, take 6% increase in rents in LA and translate that to growth in GV?? There is a lot of desert land around.
villa man

Boise, ID

#12153 Jan 10, 2014
55oFNow wrote:
And all the while you are critizing me for my Democratic leanings, you are busy injecting your own Republican drivel with your next breath! What a hypocrite!
Wow,55ofThen, you sure lose it easily. Calm down, I don't want you to have a stroke.
I counter Democratic ramblings with Conservative Republican counter views. That is fair and not hypocritical. A genius, you should know that.

I will tell you again leave the Magnesium alone unless you like diarrhea, well, you do have some of that.....based on your blogs (lol). Take it easy, just some fun. Everyone is a patient.

Thanks for comments and criticism. My degree is Doctor of Pharmacy but surely not half as intelligent as you since I did not go to UC. It was easier to send away for my degree.haha.
villa man

Boise, ID

#12154 Jan 10, 2014
Realist wrote:
<quoted text>
Brian, both 55oFNow and yourself are correct about baby boomers and their desire to be within a reasonable range between themselves and a large metropolis, along with the shortage of land in other states such as CA.
Yes, excellent point. Near an international airport. That is huge and forget all the negatives about GV land. The airport proximity is huge.

Do hang in there and if you have lots, get to know your neighbors and try to put 20-40 acres together. You will make the best appreciation by selling to developers. I know that for a fact.
villa man

Boise, ID

#12155 Jan 10, 2014
45oFNow wrote:
Villa man, there are strategic elements involved in developing Pravada at the most opportune moment. It involves a high level of sophistication by Rhodes' economic and marketing analysts, regardless of your view to the contrary. The nut-and-bolts of the situation involve the core demograpics of the boomer's rapidly increasing property equity accumulations among the neighboring metropolitan areas. Don't be such a simpleton and ignore these facts!
Ok I will try not to be a simpleton. I do like simple ideas like I believe GV growth will happen.
Core demographics, shoot,...Another simple idea is my good friend in the land biz says values in GV are appreciating. That is easy to understand.
mikey007

Flagstaff, AZ

#12156 Jan 10, 2014
Villa man, I read through all your diatribe and you never addressed the surplus issue of last December. The facts are out there bonehead. You just have to know where to look. I must be pretty important here regardless of my financial status if you direct four critiques at me within 24 hours. My IQ will remain the same no matter what you try to persuade the public with your vitriolic rhetoric. I only answered the intelligence quotient question because someone here questioned my sanity/cognitive abilities.I'm not attacking you personally nor have I ever if you read the full text of these 595 pages, yet you launch a full-frontal assault herein. And in reference to my medications, it only shows a blind and willful ignorance and stupidity on your part--those medications only seek to heal the hypothalamus located in the very center of the brain involving the complex chemistry of emotion--not those degrees of cognitive awareness or any other ability. I have since moved on from here but most of you out there really have no inkling where my future domain likely lies or will lie. I have gone through a transformative and therapeutic catharsis here over the past seven years and I'm ready to take this insight onto the next levels. Don't laugh. Do any of you out there really know or are aware of what the future portends?
villa man

Boise, ID

#12157 Jan 10, 2014
55oFNow wrote:
Realist, I think we are pretty much stuck with our positions until Rhodes starts building. He hasn't even laid the water and sewer pipes down yet or built his water treatment plant. I am, though, going to try to get Mohave County next year to blade clean one mile of Yuma Rd. near my acreage. Perhaps there is some way to make this blog site more widely known to the outlying metro areas or the internet in general; possibly prime the major search engines.
No, we are not stuck. We need to put our land, lots or whatever together for GoldmanSachs to come along and buy it. That is what we can do. I repeat, lots, small parcels are of less value by themselves. It may not be possible with many involved but consolidating or grouping parcels is the best way to increase asset value.

My location is around Adobe, near Rhodes old development. If others are interested and in my area lets start a discussion about consolidating.
villa man

Boise, ID

#12158 Jan 10, 2014
55oFNow wrote:
Realist, I think we are pretty much stuck with our positions until Rhodes starts building. He hasn't even laid the water and sewer pipes down yet or built his water treatment plant. I am, though, going to try to get Mohave County next year to blade clean one mile of Yuma Rd. near my acreage. Perhaps there is some way to make this blog site more widely known to the outlying metro areas or the internet in general; possibly prime the major search engines.
There you go, I like that. Proactive.
villa man

Boise, ID

#12159 Jan 10, 2014
Brian wrote:
Below is a link to an article confirming my 20 year timeline estimate:
study - take 2 years
funding - unsure but guessing another 2 years
construction - 10 to 15 yrs (on bottom of article)
delays always occur - another year
At best, 15 years. I believe most of us on the site only have 5 to 10 years, which is my focus.
Regarding the comment about baby boomers dying: I doubt Rhodes cares once he sells his homes.
Interstate I-11 is important but it will not be done anytime soon. It is the location, the amenities, the demographics, and cheap land that will help our investment in the next 5 to 10 years, or sooner
http://www.kingmandailyminer.com/main.asp...
Yes, I think you summed up well my thoughts. Proximity to Vegas, airport, Kingman, major hwy, and Bullhead area makes GV very attractive and there may be other developers.
Again, the time frame for "us" is my chief concern but I believe within 10 years.

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