Posted on 01/11/2021 2:54:26 PM PST by Vendome
What happens when property tax time rolls around? All these hotels/other have land and buildings that are hardly worth anything if they can’t be open. Is the city/county gonna let them claim their $50MM hotel is only worth $500M for property taxes?
In Florida now and it’s dead.
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This article suggests a 56% reduction in snowbird travel. The peak season is Feb-Mar.
https://www.sarasotamagazine.com/travel-and-outdoors/2020/12/snowbirds-coronavirus
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