In real estate development, obtaining building permits is often more critical than land price, as permits determine whether construction can proceed in a given area, and communities should focus on increasing city planning department capacity to facilitate development approvals.
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Very powerful positions not being applied for by most! #tjloftin #keynotespeaking #newconstructionAdded:
Back in Palisades.
Checking the status, looking at investment stuff.
When you buy some land up here, y'all, just because it's for sale don't mean you should buy it.
You got a lot of people who they don't want up here.
So, it ain't about can you get a deal on the land, it's about can you get a permit to build on this land, you know? So, don't get excited just cuz somebody gave you a price that you believe you can afford.
It's about them permits, people, and that's where the game begin.
And that's why I always say we always go after these jobs that look appealing. Like, I want to be mayor.
Well, shoot, we need more people in city planning, in the planning department, to approve these permits so we can come up here and build in neighborhoods that they don't necessarily want us in.
Just a thought, family. Just wanted y'all to know.
I'm in Pacific Palisades, checking in.
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