The LandBanking Blog

http://www.cahighspeedrail.ca.gov/president.htm

Watch this video that announces the President’s financial commitment to high-speed transportation projects in the United States.

He specifically mentions California’s plans to connect inland areas with the larger cities with high-speed trains that travel up to 220 MPH.

This would put the commute time from the Antelope Valley to downtown Los Angeles at 22 minutes!

High speed transportation has shown explosive growth to take place along its route.

In the June 2009 Entrust Administration Newsletter, they wrote an article about the benefits and strategies of using a Self-Directed IRA.  Many of us are looking for new alternatives to our traditional retirement plans, and this article shares some great points.  Check it out at:

http://www.theentrustgroup.com/elc/knowledge/article/3/265/

In a recent article:

http://bulletin.aarp.org/opinions/fromtheeditor/articles/time_for_a_new_financial_game_plan.html

The Employee Benefit Research Institute found that the percentage of those “very confident” of a financially secure retirement has dropped from 41 percent in 2007 to 13 percent today.

This is no surprise, with the stock market down 45% from October 2007. That’s a $7 billion loss in value, $5 billion of that seen by those age 50 and older.

Relying strictly on the stock market for retirement planning hasn’t proved beneficial — go back to the basics and include some hard assets in your retirement plans.

Southern California is growing – and that’s not likely to stop! I wanted to share some of the latest numbers from the Southern California Association of Governments to illustrate the growth in Southern California and Lancaster – the city with the largest percentage of growth in Los Angeles County. These numbers are all taken directly of the website referenced below.

http://www.scag.ca.gov/census/

How much has Southern California grown since the last census?

Since the 1990 Census, the Southern California region has grown from 14.6 million to 16.5 million. An increase of 12.81%. All of the counties in the SCAG region experienced a growth of at least 12% with the exception of Los Angeles County, which grew by 7.4%. In absolute numbers L.A. County grew by 656,286 which was the highest increase in the state.

Do these numbers indicate that growth rates throughout the state are generally consistent?

The growth rates across the state ranged from a decrease of 2.4 % in Modoc County to an increase of 45.1% in San Benito County. However, the greatest increases continued to be in the Inland Empire and the Central Valley. These areas grew at a higher rate than the remaining portions of the state. The Inland Empire (Riverside and San Bernardino Counties) added over 666,000 persons between 1990 and 2000. The increase is comparable to the entire population of Kern County.

Which areas of the region saw the most explosive growth?

The Inland Empire continued to grow at the highest rate both in the SCAG region and statewide. In Imperial County the City of Calipatria grew 171% between 1990 and 2000, with the increase primarily the result of the opening of a prison facility within the city. In Los Angeles County the city with largest percent increase was Lancaster. Orange County’s fastest growing city was Tustin at 33.2%. Riverside County’s fastest growing city was La Quinta with a growth of 111%, which was similar to the growth rate of Adelanto (113%) in San Bernardino County. Ventura County’s fastest growth city was Moorpark at 23.2%

Welcome to the new blog dedicated to LandBanking!

This blog is here to illustrate the difference between successful LandBanking and just owning land.

It was created to allow savvy individuals to have a space to share ideas, and learn how to take advantage of this unique real estate ownership opportunity. 

Be sure to keep visiting this blog to find ongoing updates of the land and real estate industry, tips and topics to help you be successful in LandBanking, and share your thoughts and comments for others.