1.00 am GMT - Friday January 28th 2011

NOTE: Real Estate, 2,000 people per plot,

Plot = $1 Billion

= 31,250,000 for Social Security. (15,500 per person) 0r $25,000 for 5/8th of population

1 plot must equal over $1Billion in Real Estate.

Average USA household = 2.6 people = 770 Houses

Average US House Price http://www.lincolninst.edu/subcenters/land-values/land-prices-by-state.asp (Contains spreadsheet)

Discounting the two dark green states Ohio & Iowa we are at an average of $300,000.

Average house build cost 770 houses on plots at 25% of $1,000,000 = $325,000

Average land value per house is usually 25% of house cost = 81,168 Double this as house plot size (Garden) is at least double the normal size: $162,000

House + Land = $487 012 (Actual Build Cost)

Double build cost, due to university applied building economics and mass order of materials and mass build
House + Land = $975,000 (Adjusted Build Cost)

Adjust for desirable neighborhood, social security & Medicare benefits x 2

House + Land = $1,950,000 Average Sale Price = $1.5 Billion

However in many cases, districts will have shops and offices, as such we can assume $1 Billion in Houses $.5 in Shops and offices.

Further consider, if the land is cheaper, or infrastructure costs are less, more will be assigned to the housing build. It may be worth considering making a general rule of 20% for land and 20% for Infrastructure.

Further the measure to only build half or 2/3rds of houses now, and the balance using “Give Half Back” Improvements and acquisitions budget.

As for land, the latest consideration, is to buy farmland at no more than twice its current rate, and pay the US Gov money for rezoning rights,

This action will see total real estate estimated at $2Billion.

Further consideration, In California, average house prices have dropped 40% from 2006Q3 $748 124 to $433 955 in 2011Q1

As such in normal economic conditions we can expect a 40% rise as such
$2.8 Billion

Note: In California the land value in 2005 was 78% more than the build price Build $163 604, Land $587 233 this is an excellent example of Location, Location, Location, and may well indicate, the net worth of the real estate is worth over $2.8 Billion.

However the drop in California property was due to the land price dropping from $587 233 to $252 850
As such there is no better time to buy land.

11.48 am GMT - Saturday January 28th 2011

Extremely pleased with the above Real Estate figures will include in the “Cities of Sciences” section, or other part.
One aspect I particularly enjoyed was the lowering of land in general, added to the idea to rezone farmland.
256 Acres = 1 km2

http://www.landandfarm.com/

It seems that land is a lot cheaper, than estimated, even residential land. One would be hard pushed on the above website to find a 1km plot for $5 Million.

As such a 4km2 $1B plot would rarely cost more than $20 Million. However I’m sure this stat changes in areas like California.

Here we find very beautiful 2KM2 plot in California Border at $18 Mill

http://www.landandfarm.com/property/Prestigious_Rancho_Santa_Rosa-

Here a 6km2 at $19.5 http://www.landandfarm.com/property/1_514_acres_in_Plumas_County_California-332254/

However on the California coast we have 8 acres (1/32 acre) at $290 Million = $9 Billion

http://www.landandfarm.com/property/Ocean_Heights_lots-409484/ However it seems this is an extension to an already established development.

There could well be a price error here as it is split into 4, 3 being $290,000 the other 290,000,000. Yes must be a price error.

Note: there is a warning that the Chinese are buying up a lot of farmland.

So as an average we can go back to As such a 4km2 $1B plot would rarely cost more than $20 Million

As such we can look at that for each 4km2 plot bought one could in effect purchase another 7 equaling $160 Million, and pass on the balance to the housing allowance, which will equal $340 Million.

Securing the other 7 plots now, when land is the cheapest it has been for over 10 years makes a lot of sense.
It also elevates the sharp rise in purchasing adjacent land later once the Location, Location, Location kicks in.
One of course, would not have to make all the acres adjacent, they can be split in 4 around the local vicinity.
Weather initial investors own the land, or it is owned by EEE, needs to be considered, maybe 50/50. Land can be given freely to POP companies as incentive and reward.

Such moves further help to highlight the 16 year vision as now population figures can be multiplied by 8, as such we had 2,000 per plot and 1.024 plots per Super City = 2,048,000 + equivalent on 16 Super Cities = 32,786,000
Current housing = 32,786,000

Land for extend 7 times

Total housing possible = 266,144,000 this allows for the extra people, without buying any extra land.

3.16 pm GMT - Saturday January 28th 2011

I have considered that there will be no way to buy the land without the public knowing about EEE, as such the land value will rise, probably 100%, as such bringing it well above the 2006 high. This is good and bad, higher costs are never good, however considering the land cost is a 10th of what I’d estimated, it’s a moot point, further, one can offer the land owner a few of the expensive houses as an exchange. (This happens a lot in development)

The plus is quite a plus, USA citizens on mass have had 1/3rd wiped of their assets, much of this will be house prices, if the land prices go up, so will house prices all over USA, all be it in the long term, (16 years) house prices will most likely drop. With 1/3rd more capital, this measure will be the biggest “instant fix” of the USA economy.
I’m going to make a spreadsheet with the house prices, then address the rather awkward, population issue.

Note, home owners can choose to pay in more to their homes, which considering the value of building within EEE would be a wise investment.

Note: the infrastructure budget can cover Student Housing, and a luscious Shopping Mall, from where rent can be gained.

Note: I’m going to change the building adjustment for communal build logistic adding 100% to only adding 50%. This will create less debate.

Note: 1 KM2 is not enough for 500 houses with big gardens, we will have to go 2 KM2, as long as there is lots of nature, we are fine, however we need to consider the community housing, the campus, shops and downtown, maybe we will need to look at a bigger size? If I am to get my parkland in, maybe I’ll look at 1.5KM2 for the housing

I have averaged out the land price to the build price, this seems to be the best part as in the spreadsheets on the UDSA house prices, where there are the cheaper houses the land is 25% of the cost. But where there are expensive, the land is 75% of the cost. As we are looking at an expensive estate the land should be more than the house, but sticking in the middle seems best, under estimate over deliver.

By the time we add the communal housing and the retail space we will be above the $1 Billion target, one thing to consider is allowing normal houses to be built around the EEE districts, on the extra land, this will generate income from selling the land and make the retail space more desirable as 2000 people are not going to spend much.

However we need to add the university staff, students and interns, whether we rent the rooms or just give them as a part of a package. i.e. a first year intern gets a room and free meals, but only gets paid $10,000 or so, which is really pocket money. This would make internship popular. An intern can spend 3 days working on businessbook, or the hospitals and 2 days learning. An internship could be 4 years, with wages rising $2500 a year.

Once they have finished their internship, they can apply for the community housing job, where they get an interest free mortgage so long as they finish a16 year tenure. All be it they can move from one EEE territory to another and take up to 4 years out.

Let’s have a look at a Wage Structure after I do the community housing spreadsheet.

Now the wage structure

Actually there are an awful lot of variables, however if one is fully trained by the collages, and paid an intern salary to do so until they are qualified, doctors, economist, computer expert etc, etc. This may take 8 years; it may take 4 depending on aptitude dedication and precious experience.

Considering the education is largely practice more like 8, after 4 years their intern salary will rise to $30,000 or so of which they pay $10,000 a year into a mortgage, as their pay goes up, they put more in and live in their house.

If they choose to leave once qualified, they lose their house. The house as illustrated above will be worth a lot more than the starting price; as such it’s an excellent incentive to stick out the 16 years.

As for population control, childless people will be awarded an extra base unit $3814. Note childless indicated “have not had children since the beginning of EEE” previous births are not included.

If one has a child, they lose their $3814 bonus, if they have two they lose the interest free mortgage, (keep house but pay interest) if they have three children they lose their house, more and they will lose their jobs.
Something along those lines.