Sentences with phrase «of absentee ownership»

Once a grand residential area, Tower Grove was struggling from a generation of absentee ownership.

Not exact matches

This kind of classical free market viewed capitalism's historical role as being to free the economy from the overhead of unproductive «usury» debt, along with the problem of absentee landownership and private ownership of monopolies — what Lenin called the economy's «commanding heights» in the form of basic infrastructure.
Meanwhile, not only does housing grow less affordable, but also more money leaks out of the local economy via mortgages and absentee ownership.
Right now I have about 4,500 absentee owners that have 10 + years of ownership and 50 % + equity.
In addition to being able to take advantage of tax deductions, the National Association of Housing Cooperatives (NAHC) says shareholders will find that co-ops have low turnover rates, lower real estate tax assessments, reduced maintenance costs, resident participation and control, and the ability to prevent absentee and investor ownership.
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