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To: mtbopfuyn
Of course when the market value drops in those neighborhoods, so will the tax revenues to the city.

I imagine someone has their eye on the inner city property ripe for redevelopment, at the right government subsidized price of course.

37 posted on 03/21/2006 4:38:33 AM PST by Cincinatus' Wife
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To: Cincinatus' Wife
I imagine someone has their eye on the inner city property ripe for redevelopment, at the right government subsidized price of course.
If you take Amtrak through Baltimore you will see very large areas of boarded up row houses very close to downtown. The buildings are still standing, but they and the yards are trashed. Many years ago the city was trying to sell them for $1 each on the promise that the purchaser would fix it up. Looks like they still have a few square miles to go.
41 posted on 03/21/2006 5:04:09 AM PST by posterchild (Living a capitalist dream in a socialist 'paradise.')
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