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re: Crane City - Why is there is Skyscraper boom in most major U.S. cities?
Posted on 1/19/24 at 8:03 am to FLTech
Posted on 1/19/24 at 8:03 am to FLTech
Birmingham isn’t in a skyscraper boom, but more like a “luxury apartment” boom. The unoccupied rates in the ones already built are extremely high, yet they keep building more. It’s the weirdest thing. Gotta think somebody is building for tax write offs or loop holes because the demand does not seem to be there.
2
Posted on 1/19/24 at 8:15 am to parrothead
quote:
Gotta think somebody is building for tax write offs or loop holes because the demand does not seem to be there.
Tax write offs then they’ll become section 8 in a few years when they can’t rent them to qualified tenants.
Posted on 1/19/24 at 2:44 pm to parrothead
quote:
Gotta think somebody is building for tax write offs or loop holes because the demand does not seem to be there.
Get ready for some subsidized housing, baby
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