Sentences with phrase «reduce property values in those areas»

The measure would also reduce property values in those areas and hurt the state's competitiveness with other states for employers, the report stated.

Not exact matches

I was once told, years ago, that I «couldn't build a small house» because the neighbors (who never came forth and were never named) would object; that in an area of 250K overpriced, oversized, lawyer foyer houses, my little house would «reduce property values»; this would be code for «we can't charge you enough for property taxes...» Forget that I owned the land, forget that we've been sold a line about «freedom» complete with soaring rhetoric and waving flags our whole lives, buy a piece of land and want to build something on it that isn't «code», isn't the «norm» and all of a sudden you're a hippy rebel whacko.

Such measures have unintended consequences though, and these include diminishing the value (in terms of cash flow) of investment properties, reducing the pool of buyers in high - demand areas, and possible infringement of property rights.

Vacant properties draw drugs and crime, cause fires, increase local violence and reduce property values in the surrounding areas.