Quote:
Originally Posted by Obadno
I don't get it either there are plenty of empty lots within a few blocks of that neighborhood. why buys and demolish a healthy property?
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I can't tell if this question is serious, it matters which parcel is available and at what price. Just because you see a vacant parcel doesn't mean someone can buy it for an attractive price that makes development easy, often times guys will hold on to parcels because they do not have to pay taxes on any improvements.
One way the city could encourage development is to start assessing extra charges on vacant land.