It's a lot of information to digest at one time.

Maybe it's some other cause, like you don't digest something very well--and it makes you feel awful.Or maybe you can get some kind of medicine to make you feel better, because maybe it is not the house, but something else...like local pollen, or eating peanuts, or something.It could be anything--allergic to the neighbors dog, or squirrels, or etc...

Hopefully the tract is not majority older people or people with small children both go to bed early, don't like extra cars and strangers.

This China thing is extremely complicated to be digested, nobody owned house in China as they're all leasehold and not Fee Simple, you guys can correct me if I'm wrong.But saying China way is communism is very wrong too, it's modified hybrid version of experimental capitalism in socialism view it's more relevant that way rather than black and white commie or capitalist. 

You are most likely going to be in the Q3/Q4 and C3/C4 rangeQ2 - Custom designed, could also be high-quality tract, high-quality details/ornamentation/interior refinements, high-quality workmanship/materials/finishesQ3 - generally high quality, individual or designer plans, above standard tracts or individual site, significant exterior.

Maybe we get lucky and more California farms become housing tracts and solve the problem. 

We sold our midwestern bets in 2014 once we fully digested the above principle and realized that capital costs were certain to outpace gains over the long run in those places.      

Scott back into worse case scenario .. and if things go as easy and as fast you probably make significant upside.In ORegon back in the 90s I could buy a 20 acre tract get it approved for 100 homes in 90 days and be building it in 150.. now as I state this takes 18 months at minimum and 150k up front in risk capital.

If anything, it will keep me on tract as far as making sure I buy assets instead of liabilities!

Investing somewhere far far away, where I cannot manage if something comes up or if homeunion backs out makes it hard for me to digest.2.