Quote:
Originally Posted by coalminecanary
Why do you want our taxes to go up? I just don't understand it. I guess you have a lot more money to throw around than the rest of us.
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...as long as it's not thrown at light rail?
These graphics should be familiar enough to all, but anyways here's all the buildings we've lost since the 1950's
(image credit - raisethehammer.org)
...and here's some more wonderful parking lots courtesy of some more admirable landowners, kudos to them for standing up to all those meddling fans of big government who would tell them what to do with their own hard-earned property:
(Above images sourced from Google Maps, published on raisethehammer.org from 2007 to 2013)
About all of that pavement used to be multi-storey buildings of various shapes and sizes housing industrial, commercial and residential uses. All of it paid tax at a higher rate than does vacant land.
All of that land used to generate comings and goings of people to live, work and otherwise interrelate with the surrounding tapestry of land uses. This used to be what was called a city.
Instead of looking at $60,000 in lost tax revenue from one lost building, look at all of them. And instead of considering the loss at a yearly rate, consider how those losses have, and continue to compound over time. While we're thinking about the opportunity costs of land value destruction, why not also consider the implications, over decades, of downtown 'arterial'-ization of once livable main streets such as Cannon.
Imagine the prime real estate that would exist downtown if not lost to decades of blockbusting and traffic - derived gettoization? Over 60 years, how would the economics differ if heritage and livability concepts were allowed to drive policy? How about even just 20 years? The decisions we make today will carry at least as much influence.
If we are suffering death by a thousand cuts, as much as one, why would anyone support those wielding the knife?