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Old Posted Sep 17, 2016, 4:11 PM
C. C. is offline
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Join Date: Jan 2014
Posts: 3,164
One of the downsides is that land prices have been soaring, and with the coming reval planned for JC, a lot of land owners are going to experience a shock when they get their new tax bills. I would not be surprised if several of the underutilized, older single story buildings are sold off for redevelopment post revaluation because their owners can't afford the tax bill and could millions in the bank.
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