## Monday, January 13, 2014

### Most Expensive Rental Property In America

You fly Delta don't you? Sure you do. So you must be aware of "Economy Comfort". If not this is where Delta charges you a premium for what might be as much as four (4) inches of additional leg room in coach. Allegedly this runs as little as $9.00 per leg. Now if you assume a three hour flight and the maximum seat width that Delta offers of 18.5 inches you are renting a little over one half of one square foot at a rate of$5.84 per square foot per hour.

Now compare this to a nicely sized 800 square foot apartment in a nice section of town that rents for a thousand dollars (\$1000.00) per month. Not a super-high-rent district but not bad. In this case you are paying approximately 0.17 cents per square foot per hour. Double the rate and you are still below one half of a cent per square foot per hour.

Wow.

No wonder Delta is scared witless about the prospect of even a piddling Paulding airport. With even the slightest competition they might be forced to offer value and service.