Re:Average Rent in San Francisco Has Dropped $1k This Year
by Ekaros on Monday December 28, 2020 @01:12PM
(#25561482)
Now what if redevelopment is not possible? Maybe regulation stops it? Actually, if net value of land is negative what will happen to it? That is taxes are more than value and there is no legal way to extract more value...
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Re:Average Rent in San Francisco Has Dropped $1k This Year
by kansface on Monday December 28, 2020 @01:25PM
(#25561620)
> Actually, if net value of land is negative what will happen to it?
You would be describing parts of Detroit wherein land is abandoned and the city limits shrink as the cost of providing services increases.