Do landlords get tax credits for empty buildings?
There are some regions in the U.S. that offer tax relief for vacant storefronts, but there are strict requirements.
Source: marketplace.org
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For Commercial Real Estate Investors, "Urban Doom Loop" Is Both Crisis And Opportunity
A rapid decline in quality-of-life is draining American cities of its people and bleeding the revenue of its treasuries.
Source: forbes.com
San Francisco is facing a commercial real estate crash which will impact city coffers
"There’s currently more than 25 million square feet of commercial space available for lease or sublease in the city..."
Source: hotair.com
Cities Facing the Biggest Revenue Losses Due to COVID-19
Cities Facing the Biggest Revenue Losses Due to COVID-19 By Elona Neal, Stacker News On 2/7/21 at 8:00 AM EST COVID-19 took the world by storm in 2020, and the virus brought with it financial hardships and an economic recession all over the United States. Cities across the country banded together to mandate stay-at-home orders and required the use of masks in an effort to flatten the curve and prevent the further spread of the virus. As a result, many small businesses took some of the biggest hits financially and were forced to close either temporarily or permanently. In addition, the coun...
Source: newsweek.com