AI will drive the need for more Data centers which should be good for Real Estate

[James McGovern]

Having a strategy that capitalizes in the hype of AI can lead to big profits. Acquiring land in Virginia and South Carolina where Data Centers are most populous seems like a winning strategy.

[Chris Seveney]

@Jay Hinrichs

Yep. Some counties in Virginia loves them because they have little employment so no big population increase = more burden on schools and the tax basis is very high because of the personal property inside of them so they pay a lot in taxes

As you mention need to be near a power source and I spent 5 years trying to get one approved in 30 acre parcel that the county wanted the site for something else - so they can be challenging

To get zoning approved