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Started By
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Property values after rioting
Posted on 5/30/20 at 8:04 am
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?
4
Posted on 5/30/20 at 8:19 am to Covid Cracker
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 on 5/30/20 at 8:21 am to HailToTheChiz
Everyone of those Mayor's and governors will be asking for federal assistance to rebuild
Posted on 5/30/20 at 8:31 am to tduecen
quote:
Everyone of those Mayor's and governors will be asking for federal assistance to rebuild
And every one should be denied
Posted on 5/30/20 at 8:52 am to HailToTheChiz
I think the federal money will come, I am asking long term affects and on the values after recover. I have bought several distressed properties after Katrina and 2016 flood and did pretty well. Will Minneapolis have a full value recovery not sure Ferguson ever did? I am not about the political BS, I am about making money.
Posted on 5/30/20 at 10:47 am to Covid Cracker
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
Property values
Posted on 5/30/20 at 12:01 pm to HailToTheChiz
quote:
And every one should be denied
Agree. You can’t set back and do nothing With all the available resources you have with the assurance that big daddy government will swoop in and save you from economic and infrastructural ruins
Posted on 5/30/20 at 6:00 pm to Covid Cracker
quote:
Covid Cracker
LSU Fan
Member since May 2020
2 posts
Who's alter is this?
Posted on 5/30/20 at 9:30 pm to Covid Cracker
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
Anyone owning real estate in an urban setting these days has to be concerned
Posted on 5/30/20 at 9:34 pm to HailToTheChiz
quote:
Targets may say screw this and leave permanently.
Target is based in Minny.
Posted on 5/30/20 at 10:26 pm to JohnnyKilroy
I dont believe in karma but Sorry bout your luck target
Posted on 5/31/20 at 12:21 am to Covid Cracker
quote:nobody can do more than a wild guess. too many variables. can't compare Minneapolis to Ferguson. Ferguson was and is a dump. Minneapolis is a large city that will always have some great areas and some terrible areas.
I am asking long term affects and on the values after recover.
regardless, people will return to what was a good area before the riots. nobody learns. Look at New Orleans. wiped out by a flood. did anyone learn? nope.
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