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Property values after rioting

Posted on 5/30/20 at 8:04 am
Posted by Covid Cracker
Member since May 2020
17 posts
Posted on 5/30/20 at 8:04 am
Does rioting in Cities have long term effects on commercial and residential property values? I would think it does, but maybe some areas get better with federal money coming in afterwards? On the other hand, do private investors say screw it and move to other areas to develop?
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
49032 posts
Posted on 5/30/20 at 8:19 am to
quote:

Covid Cracker


quote:

Member since May 2020
1 post


Welcome...I think.

They better not get a fricking bailout to rebuild. Those private businesses and Targets may say screw this and leave permanently.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41234 posts
Posted on 5/30/20 at 10:47 am to
Yes, Ferguson's property values fell so much, that the city was on the verge of bankruptcy. Between the falling revenue from property tax, and the cost of the consent decree, the city had to cut back on services.

Property values
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 5/30/20 at 6:00 pm to
quote:

Covid Cracker
LSU Fan
Member since May 2020
2 posts


Who's alter is this?
Posted by SlidellCajun
Slidell la
Member since May 2019
10503 posts
Posted on 5/30/20 at 9:30 pm to
Covid has already had a major impact on demand for urban office space and now the icing on the cake is being applied by Antifa.

Anyone owning real estate in an urban setting these days has to be concerned
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