[kwajo]

Originally Posted by GregHickman

In Mt. Pleasant? There's always been money there.

Also, if the city continues to tear down vacant buildings, I don't understand where they're going to be receiving tax revenue from. Vacant buildings have to pay a double-occupancy tax, and empty lots don't pay nearly as much. Subsidized housing doesn't pay any property tax to the city whatsoever.

So, uh, no revenue?

That's why the city needs to change it's taxation system and ups taxation on empty lots in urban areas. That puts the onus on the landowner to either build something or sell it to someone who will.