[ExI] idea for empty warehouses
atymes at gmail.com
Mon Oct 14 16:25:43 UTC 2013
On Mon, Oct 14, 2013 at 7:45 AM, spike <spike66 at att.net> wrote:
> In some areas, such as this county, tearing down an existing
> structure can cause the assessed value of the land to go way up, which has
> adverse tax consequences. So, unless a developer wants to come in, the
> owner is often better off leaving the unused structure as is, which is why
> we have so many empty shells and see-throughs in an area where office space
> is still crazy expensive.
Tch. A little remodeling, some interior walls or just a cubicle farm, and
there's office space without increased tax assessment.
(And agreed re: the YouTube scenario being unrealistic for only having one
customer at a time. Not to mention, to many customers there's a network
effect: the total value to customers can be more than N times if N
customers are in at once. Granted, for some customers there's an
anti-network effect - less than N times as valuable - but these are a small
enough minority with a small enough negative that the average balances in
favor of "many at once".)
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