Hacker News new | ask | show | jobs
by hef19898 1086 days ago
Because whomever bought the landnto built a wind farm on it was, for some reason, too stupid to consider the land cost in his business case? It might be near SV, but not everyone is doing their cost calculation like the latest food delivery VC bavked start-up.

Nor is the entity who sold the land. So, if there ever was any opportunity cost involved, it is already factored in.

1 comments

Well the wind farms are being subsidized by the federal government and they have likely entered into decades long lease agreements. Much of the land is also zoned for agricultural use. This prevents landowners from building housing on it.