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Would you live in a "Kendo" neighborhood?
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04-07-2006, 11:50 AM
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payowlirriply
Join Date
Oct 2005
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481
Senior Member
Hate to be the one to put the k-bash on this but the economics just are not there. I have been involved with several "theme" developments and am currently in the planning stage for one revolving around horses. there are numerous airpark developments in the U.S. and they are usually successful. You probably can't count the golf course communities. Now what is the difference between horses, airplanes, golf and kendo. (Golf goes into a separate category to be discussed below).
THE ANSWER IS $$$$$.
A thirty five year old Cessna 172 will set you back about $50,000.00 plus another $5,000 to $10,000 per year to play with it. That is an entry level airplane. The price goes up from there.
A green hunter without super pedigree will set you back $10,000 plus training. One that is trained will be say $35,000 and up to the millions.
Golf. everybody wants to play golf of course but a golf course ties up an enormous amount of land and is a great expense so rarely, if ever, can the development support it unless the homeowners want to pay big, big bucks. The developer will often sell memberships to non-residents to make it pay but in any case it will cost $$$$$.
Now we have kendo. How many people have $2000.00 bogu? $6000.00? $10,000? How many units do you need to get enough players to support not only the building of a dojo but support it too? What is the price point for the housing units. In the airpark and horse developments the entry level is usually at least $500,000, not counting the airplane or the horse, and on up plus BIG carrying charges. Golf courses, depending on whether the development is exclusive or not is the same.
Anyway, nice dream but it ain't gonna happen.
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