rogerthat
Well-known member
- Joined
- Aug 29, 2015
- Messages
- 3,174
Damn. I thought we were in the clear on this. I hope this gets people and groups fired up enough to put a stop to this errant thinking.
Federal Land Sales for Affordable Housing?
- Thread starter Big Fin
- Start date
Chama Grande
Well-known member
Isn't that what funds the LWCF?
SAJ-99
Well-known member
They will argue that lower royalty rates will increase production with more leases. Because it’s the royalty holding back O&G companies, not $57/brl oil. There will be a lot of fantasy in this budget process.
"The sales from these small parcels of land will generate significant federal revenue, and have broad local support. It’s a tailored, parochial budgetary measure,” said House Natural Resources Committee spokesperson John Seibels.
House Republicans push to sell hundreds of thousands of acres of public lands in the West
House Republicans have added a provision to their sweeping tax cut package that would authorize the sale of hundreds of thousands of acres of public lands in Nevada and Utah.
apnews.com
that quote alone is an interesting bit of laugh out loud fantasy in and of itself
"small parcels" --> "significant revenue" ... but still "parochial"
Irrelevant
Well-known member
#winning
Matthew57
Well-known member
Wow. This crew is full of clowns. I wanted to be positive but stuff like this really kicks you in the guts.
SAJ-99
Well-known member
Saw this guy go on CNBC in a “counterpoint” interview and blatantly lie about US energy market. And he was giving a counterpoint to those in his OWN party that want more cuts. Evans never called him out on the lies. I guess you get called “fake news” enough times you eventually just jump on board and stop doing journalism."The sales from these small parcels of land will generate significant federal revenue, and have broad local support. It’s a tailored, parochial budgetary measure,” said House Natural Resources Committee spokesperson John Seibels.
House Republicans push to sell hundreds of thousands of acres of public lands in the West
House Republicans have added a provision to their sweeping tax cut package that would authorize the sale of hundreds of thousands of acres of public lands in Nevada and Utah.
that quote alone is an interesting bit of laugh out loud fantasy in and of itself
"small parcels" --> "significant revenue" ... but still "parochial"
Federal Public land is done. If the number of costs, explicit and implicit, are the drivers of endless calls to get rid of it and Americans don’t want to pay the bill, its fate is sealed.
rogerthat
Well-known member
- Joined
- Aug 29, 2015
- Messages
- 3,174
Everything’s going to be okay…,right?
ismith
Well-known member
Montana Republican opposes including public land sales in Trump agenda bill
Rep. Ryan Zinke (R-Mont.) said Wednesday he opposes the sale of public land as outlined in the budget reconciliation package. The House Natural Resources Committee passed its p…
thehill.com
I was told there’d be so much winning that we’d be tired of it. Well, I’m tired of it.
Justabirdwatcher
Well-known member
way to self-identify as a non-billionaire... LOL
Do you really think this is the most likely outcome?
Who would buy it all even if was all put up for sale (which it won’t be)?
Gulf of America
Well-known member
The same asshats buying every $60M legacy ranch that goes up for sale in the west. Guarantee the feds won't be selling anywhere near the per acre price of all these ranches, and has anyone seen one go unsold?
I was thinking it could go in the direction of the high end art market; investments as store of value where a tangible asset is seen as a hedge. Sure, there’d continue to be individual billionaire land collectors. But throw in some foreign sovereign wealth funds & private equity groups. Heck, maybe even companies that want to securitize land ownership and let retail investors buy fractional shares. No shortage of ways to make a buck. It certainly won’t be limited to guys wanting to buy land because it holds a few big bulls.
Edit to expand on this: I believe this is already happened with private land sales throughout the nation. Particularly in ag rich areas. Anecdotally, my family was approached to sell some acreage in the Midwest by an opaque sort of PE group with ties to an investment firm in Germany. They decided to hold it. Apparently folks over there with any property are getting offers left and right.
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Supply and demand. Instead of selling one ranch, the Feds are going to sell thousands dropping prices.
Why would they charge less than fair market value for O&G leases, grazing leases, mineral leases, etc? The subsidy sales would be marketed as having some BS trickle down economic benefit to the masses. They’d probably throw the words “jobs” and “housing” around a bunch to really get people riled up.
