It just so happens I’m appraising a piece of land that will be built out as a subdivision right now. This one is located in Carlsbad. The timeline to get all the preliminary work done necessary to obtain approvals and record the subdivision map is at least 2 years, and that’s if the developer is on top of things.
Hmmm… City of Carlsbad. Two years to do the work for the subdivision map.
The best developer in the world couldn’t do that timeframe within the City of Carlsbad. The City of Carlsbad tends to ask for the moon.