Tom Conner wrote:
Virtually any other economic use of
airport land will produce a tremendous amount more of $$$ than GA.

But when a community closes an airport, what happens to the value of
the infrastructure, not just the land.

If the community buys your house, they buy the house and the lot.
Maybe they bulldoze the house, but they have to buy that first.
I'm not aware of communities paying for the runways, towers, hangars,
etc. Those investments seem to just disappear, and the aviation
community is supposed to wander in the desert for 40 years looking for
a new. home.
The developers didn't tie up their money for decades, investing in the
land. They use commmunity government connections to get them condemned
or otherwise closed, and reap $$$$$$$$ on aviations investment. This
is doubly dammned because they build the houses next to the airport,
that got the residents, that complained about the noise, that was there
before they moved in, that was less than their kid's boombox cars.

End of rant. Continue with your normal programming.