[Gozmand]

OK, to argue the other side, what if this is the case:

What if your town has not had any commercial development in 20 years?

What if your town is in debt because of budget problems and delinquent tax collection?

What if your town does not have enough money to provide things like schooling or police protection that would encourage people to come in.

What if your town had an opportunity to get a Merc research facility (no, no chemical waste, so don't go on a tangent) and not a "Wal Mart parking lot".

What if the values offered for your building were 150%-250% greater than appraised value?

Lemme give you some info from a friend on another site, see if the stuff goes through here:

Originally posted by -Gemini-

Hedge,

Some golf shows were on and the 5pm news was kicked back to 6pm. I'll try to record a noon time news program this time.


I was however able to track down some photos from google (after about 3hours of searching...uhhh)












In case people were wondering cost/per house for some of the individuals who did not want to see, it was also in this mornings paper:


[align=center]Address - Appraised - Purchase - %of appraised value
[/align]


[align=center]24 Fraser St - $74,500 - $127,000 - 170.47%
[/align]


[align=center]28 Fraser St - $72,300 - $109,000 - 150.76%
[/align]


[align=center]33 Twelfth St - $56,400 - $106,500 - 188.83%
[/align]


[align=center]34 Twelfth St - $19,100 - $35,000 - 183.25%
[/align]


[align=center]74 Tenth St - $53,300 - $117,000 - 219.51%
[/align]


[align=center]75 Tenth St - $77,200 - $118,000 - 152.85%
[/align]


[align=center]78 Tenth St - $67,100 - $94,000 - 140.09%
[/align]


[align=center]29 Eighth St - $48,300 - $123,000 - 254.66%
[/align]


[align=center]39 Twelfth St - $65,500 - $119,000 - 182.68%[/align]
[align=center][/align]
[align=center][size=xx-small][cleaned up chart for legibility -s][/size][/align]