3 ms·

I think it would mean that either you rent (but someone else is still an owner and has to deal with the situation) or you don't care much about the property val

• hx87 10y ago
  > which means, in other words, you are rich Or it means I'm not planning to sell for a very very long time and thus appreciate the tax break a lower appraisal gives me. The same logic applies if I am a landlord--as long as the rent and thus cash flow stays the same, I don't particularly care about what some appraiser says the property is worth. Anyways, it seems to me that restrictions on construction are a lazy owner's way to maintain property values. After all, there is no better way to add value to and capture the revenue from my house than to add another 2 stories to it and rent it out. I do own the land underneath it, after all.