Letter: Bigger lots can find eager buyers

Dear Editor,

With reference to the subdivision of the community of Brookswood Fernridge, I should like to introduce a novel approach to same.

Considering that the bottom line for land speculators and developers is idealistically pecuniary, may I suggest that they could realize a greater profit margin to their enterprise by adopting the following procedures.

The fixation upon 7,000 sq. ft lots is not merely retrograding to their financial game but also does not allow for the retention of forests, wildlife habitat or respect for the aquifer.

For argument’s sake and mathematical simplicity, let’s say a 7,000 sq. ft. lot has a monetary profile of $500,000.00; double that amount for a quarter acre lot, i.e. $1,000,000.00 and by the time a sub-division is comprised of a majority of 7,000 sq. ft. lots, some 10,000 sq. ft. and even perhaps the odd half acres, a developer will possess a few 7,000 sq. ft. lots in his back pocket already recompensed, pure gold.

There is a market for these larger parcels of land, which would encompass the valued treed areas, those trees to be protected in perpetuity by builder and homeowner as would the lot sizing.

Real estate agents may have less numbers to sell, but commissions would be higher as of course, would be the ruthless competition for listings; but that should not affect the profit margin already in the wallets of the speculator.

This analysis may be at risk if the developers also wish to make coin on construction and sales, but one asks how much wealth does one wish to accrue before the obtaining of silver becomes decadent at the behest of the healthy survival of a community and all its inhabitants?

An honest approach equals easier implementation and greater acceptance; and where usury becomes the norm, moral bankruptcy follows if it does not indeed already exist. Many things are more important than money, not the least of which is the trust people place in their elected officials.

Martin Allen, Brookswood

 

Just Posted

Aldergrove team could return as all-stars on ‘The Amazing Race Canada’

Mother and daughter duo given a second chance, though their fate rests in the hands of voters

PHOTOS: City of Langley library celebrates India’s festival of color

Kids were invited to learn about Holi celebrations, and taste treats.

Aldergrove glow-in-the-dark swim and games for a cause

Township of Langley will celebrate Earth Hour with its first glow-in-the-dark swim in Aldergrove.

Sources Langley Food Bank can’t find a home

Landlords don’t want to rent to the food bank and time is running out

Coach of the year in first season with the Giants

Michael Dyck is being lauded by the Western Hockey League for transforming the junior hockey team

VIDEO: UPDATE: Stolen Bentley nearly causes crash going wrong way on Coquihalla

Owner of Bentley says the vehicle was stolen Thursday and he wants it back

Six ‘distraction thefts’ in two days spark warning to seniors by Vancouver police

Distraction thefts are used to steal jewelry off the necks of unsuspecting women

WestJet sticking with Boeing 737 Max once planes certified to fly

WestJet had expected to add two more of the planes this year to increase its fleet to 13

Motorcyclist dies after three-vehicle crash on old Island Highway

Accident happened at 12:15 p.m. Friday near Country Club Centre in Nanaimo

B.C. driver caught going 207 km/h on motorcycle along Okanagan Highway

A motorcyclist was caught by Kelowna RCMP going 207 km/h on Highway 97C

Protective human chain forms around B.C. mosque for Friday prayer

Vancouver Islanders stand arm-in-arm to show support in aftermath of New Zealand shootings

B.C. fire department offers tips to keep your home safe during wildfire season

With wildfire season getting closer, the Penticton Fire Dept. offer tips to keep your home safe

South Surrey mother guilty of second-degree murder in death of daughter

Lisa Batstone killed eight-year-old Teagan in December 2014

Fierce house cat spotted as ‘aggressor’ in face off with coyote in B.C. backyard

North Vancouver resident Norm Lee captures orange cat versus coyote in backyard showdown

Most Read