Re:Paradise Papers: New leak from offshore finance firm
by b4lancesh33t on Sunday November 05, 2017 @04:24PM
(#15631687)
The opposite, I think. Lvt does not tax the value of improvements. And while lots can be very valuable, they are not very valuable compared to the improvement if the improvement is a skyscraper.
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Re:Paradise Papers: New leak from offshore finance firm
by bufordsharkley on Friday November 10, 2017 @08:40PM
(#15674519)
Construct some building in the middle of nowhere, in the middle of the Sahara desert or something, and see if it increases or decreases in value.
The structure itself will depreciate somewhat, and that's all.
...It's the location for a structure that is responsible for increases and decreases in real estate.