4 ms·
Sigh I wish you weren’t wrong but sadly you are. We demolished both of our closed buildings because the cost of not doing so (fucking transients are not free, l
by purple-again 9y ago
Sigh I wish you weren’t wrong but sadly you are. We demolished both of our closed buildings because the cost of not doing so (fucking transients are not free, land owners somewhere are paying for them) is higher than the cost of just demolishing the building.
- saalweachter 9y agoNot to mention property taxes on empty buildings.
- vanderZwan 9y agoThe alternative is having people buy a building, not do anything with it, and wait for the price to increase to sell it at a profit. Leading to a shortage of real estate with a ton of unused real estate. And no, we can't just wait for the market to self-correct for empty properties being devalued due to being surrounded by empty properties: you'll just end up with empty, abandoned buildings that nobody wants to fix. If you want incentives to make people avoid doing that, the only two methods that I can think of are property tax, or legalised squatting (with squatters having a right to stay).
- jandrese 9y agoOne thing you see frequently in old ruins is people tearing apart old buildings for the building materials.