Edward P. Eichler defines a typical size community development as 10,000 acres with a population of 100,000 people. EichlerKaplanMarshall, The Community Builders (Berkeley: Univ. of California Press, 1967).
2.
It is not uncommon for a builder firm to undertake the on-site work. However, the builder firm in that case would be performing an activity which is part of the land development function.
3.
For simplicity of example purposes, we have presumed that none of the land is undevelopable and none is dedicated to green space.
4.
RobinsonRoland I., Money and Capital Markets (New York: McGraw-Hill Book Company, 1965), pp. 263–269. Also see SmithPaul, “Cost of Providing Consumer Credit: A Study of Four Major Types of Financial Institutions,”Journal of Finance, XVII:3 (March 1962), 476–496; AndrewsVictor L., “Captive Finance Companies,”Harvard Business Review, XLII:4 (July-Aug. 1964), 80–93.
