Who killed the rave? Late-night dancing falls into global decline

Re:Who killed the rave? Late-night dancing falls into global... by CamperBob2 on Wednesday January 08, 2025 @12:34PM (#42636487)

Seems like that would guarantee that only the most profitable uses of a given property would be contemplated by the owner.

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Re:Who killed the rave? Late-night dancing falls into global... by permo-w on Wednesday January 08, 2025 @01:50PM (#42637219)

exactly, so those people who own an old empty warehouse, a large basement, or whatever, now have a huge incentive to find uses for them. or they have to sell them which pushes prices down for everything

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Re:Who killed the rave? Late-night dancing falls into global... by CamperBob2 on Wednesday January 08, 2025 @02:12PM (#42637429)

But what good does it do to push prices down, if even more money has to be paid in taxes for as long as they own the property?

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Re:Who killed the rave? Late-night dancing falls into global... by permo-w on Wednesday January 08, 2025 @02:26PM (#42637546)

lower value, lower tax. lower value, lower rent.

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