To: 1010RD
We used to have a nice, small mall. Over the last two years chain stores have popped up all around. So far 3 large stores have gone out of business. Many spaces are available to rent. The strange thing is though, that another retail development is going up .
To: CindyDawg
Just what we need: more malinvestment. Commercial RE is tanking. It will have a serious affect on property tax receipts and local government budgets.
The natural cycle of economies should stop government from growing so large by limiting taxes or leading to tax revolts. I hope this happens.
16 posted on
02/05/2009 3:58:16 PM PST by
1010RD
(First Do No Harm)
To: CindyDawg
19 posted on
02/05/2009 5:01:53 PM PST by
TenthAmendmentChampion
(Be prepared for tough times. FReepmail me to learn about our survival thread!)
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