[CondorFlight]

And lower property values means lower revenue for the city; hence, a continuous downward spiral.

[South40]

Beauty is in the eye of the beholder.

[Cboldt]

-- And lower property values means lower revenue for the city ... --

I doubt the city is any mood to lower the property valuation, and if it does, it'll increase the tax rate to make up the difference. The only way revenues go down is taxpayers leave.