80mph texas speed limit on Interstate 10
Texas recently increased her speed limit on some rural roads to 80mph–the fastest speed limit in the nation (Montana and Nevada used to have no limit on certain roads, but it was recently reduced). For approximately thirteen years (1974–1987), no speed limit in the United States exceeded 55mph. According to Wikipedia, the 80mph limit puts it just 1 kilometer less than the recommended speed on the Autobahn. Continue reading
We’ve heard that Texas land is still a bargain compared to the rest of the country. However, I recently listened to a talk given by Manfred Chemek, CEO of an international real estate investment firm, at the 2008 Realtors Land Institute that was held in San Antonio. Mr. Chemek stated that due to the weak American dollar, many foreign investors from Europe and the Middle East have begun to buy large tracts of raw land in Texas.
Have you ever had the feeling that by the time you get around to finally purchasing your own piece of country land, there might not be any left? The last time I checked, they weren’t making any more land. I wonder if I am alone in that thought.
Well, I saw a cool topic the other day at thelandjournal.com which ran some interesting statistics…