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I would not consider property values abstract in any sense of the word, especially when your "concrete" fears directly affect those values. Writing off the who
by LMYahooTFY 9y ago
I would not consider property values abstract in any sense of the word, especially when your "concrete" fears directly affect those values.
Writing off the whole notion that people fear their property value falling is illogical.
- timr 9y agoThey're entirely abstract. Unless you're a professional real estate analyst, you have absolutely no idea what some proposed development is going to do to your "property value" (even then, you're basically guessing). When you go to planning meetings, people are not generally complaining about property values. They're complaining about neighborhood character, traffic, parking, etc. I'm not going to say it never happens, but when it does, you should dig deeper. There are always real concerns.