3 ms·
> The land is ruined And so the value of the land is less and the LVT drops along with it. Of course for someone planning on putting another service station t
by tmnvix 3y ago
> The land is ruined
And so the value of the land is less and the LVT drops along with it.
Of course for someone planning on putting another service station there maybe not...
- bombcar 3y agoThe land can go negative in value; does the LVT start paying you at that point? But that would make the land valuable again … It’s quite possible to have a plot of land (especially in more rural areas) that is “worth” $10k but has state mandated cleanup required that costs $60k.