Category: Real estate taxes

Condemnation by imputation: Part 2, You tell me this town ain’t got no heart

24 April, 2014 (09:00) | Affordable Housing, Blight, Crime, Development, Discrimination, Eminent domain, historic rehab, Housing, Income mixing, Kansas City, Real estate taxes, Section 8, Urban Renewal | No comments

[Continued from yesterday's Part 1.] By: David A. Smith You tell me this town ain’t got no heart. Well, well, well, you can never tell. The sunny side of the street is dark. Well, well, well, you can never tell. – Grateful Dead, Shakedown Street Yesterday’s post opened the story of three properties along Armour […]

Tax on the option? Part 3, Rules that are holding us back

31 March, 2014 (13:22) | Affordability, de Blasio, Development, Economics, Housing, Land use, Local issues, Markets, New York City, Real estate taxes, Zoning | No comments

[Continued from yesterday's Part 2 and the preceding  Part 1.]   By:David A. Smith   What can I introduce next?   During my continuing ruminations in the two preceding parts on new Mayor Bill de Blasio’s proposal, one of a very whirlwind of ideas he has summoned for the New York media (such as real-estate-related […]

Tax on the option? Part 2, Supplying clean air and light

28 March, 2014 (10:00) | Affordability, de Blasio, Development, Economics, Housing, Land use, Markets, New York City, Real estate taxes, Zoning | No comments

[Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday’s post, via the Gotham-centric Crain’s New York (November 24, 2013), introduced a proposal by then-candidate and now mayor Bill de Blasio that vacant parcels would be assessed for real estate tax purposes not on their current use, nor on their eventual use if developed […]

Tax on the option? Part 1, A long-running and counterproductive loophole

27 March, 2014 (09:00) | Affordability, de Blasio, Development, Economics, Housing, Land use, Local issues, Markets, New York City, Real estate taxes, Zoning | No comments

By:David A. Smith   Whether or not new Gotham mayor Bill de Blasio succeeds in any of his ambitious plans, he is certainly going to be an endless source of blogger’s delight, I can see, for his combination of frenetic intellectual energy, verbal pugnacity, and flair for attracting attention – and the clashes between him […]

A fool and his bond market are soon parted: Part 2, Or go the way of Detroit

5 December, 2013 (09:00) | Bankruptcy, Bonds, Chicago, Cities, Detroit, Local issues, Municipal Finance, Rahm Emanuel, ratings agencies, Real estate taxes, Speculation, US News |

[Continued from yesterday's Part 1.]   By:David A. Smith   So far in this post, using as principal source Investors’ Business Daily (November 13, 2013), we’ve seen that (as I speculated two months ago in In Next up: Chicago), Chicago’s finances are nearly as parlous as Detroit’s were, and that Mayor Rahm Emanuel’s recent efforts […]