"Mike Isaksen" wrote in message
news:HIY%j.130$v%.21@trndny04...

"Lou" wrote ...
I found a small grass strip by me that will let me build
a solid hanger but charge me $50 a month to rent the ground.


Devil in the details:
Who pays the property taxes on it?
Who owns it if you move next year?
Who owns it after it is fully paid off?

Most of these "deals" involve you building it, the land owner takes claim
and pays taxes as part of airport improvement, you get a "good but seldom
great" long term lease.

And to the guy with access to a $500 per month hanger; they are $700-800
monthly for a T-hanger with concrete floor and a single 15amp circuit in
the Greater NYC area. That's a great paint job every year.

I have not personally checked, but friends have been quoting $700-800 and
rising in the Miami and Fort Lauderdale areas. Given the typical income
levels in the areas, the price makes a sort of sense (but not completely)
in the NYC area; but no sense at all in southern Florida. However, they are
still mostly occupied; so there is really no relief in sight...

Peter