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Posted
In many areas of the country--as in Arlington, Va.--commercial real estate is faring better than residential.

And, also in many regions, towns are struggling to make budgetary ends meet as declining home prices cut into tax revenue.

In Arlington, residential real estate values dropped slightly last year; the value of commercial real estate rose by 10 percent, according to this article in The Connection:
http://www.connectionnewspapers.com/article.asp?article=94247&paper=60&cat=104

Arlington is considering a tax increase. Should commercial real estate receive less of an increase--or perhaps no increase--in areas like Arlington because it's helped pick up the slack as the residential market declined?

Or, in love, taxes and war, is everyone fair game? What do you think?
 
Posts: 23 | Registered: 12 February 2008Reply With QuoteEdit or Delete MessageReport This Post
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Commercial Property News    cpnconnect.com    Forums  Hop To Forum Categories  Midatlantic  Hop To Forums  Midatlantic Forum    Virginia town highlights the make money/lose money/be taxed on money dilemma

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