Third article in todays paper crows that county property values have finally stabilized. The value of every service or product is simply the result of supply vs demand. So what this article is telling us is that the supply of real estate is now equal to the demand from buyers. If we add to the supply of real estate, adding more vacant, undeveloped lots, then supply > demand = lower property values for everyone. If, however, we hold steady the amount of available real estate, then over time supply < demand = higher property values for everyone. Ask your candidate where they stand on these two issues: 1) Floral City bypass - Will lead to 1,000s of additional available vacant residential lots being dumped on our market = lower property values for everyone. 2) 491 Medical corridor scam - Will lead to a tremendous amount of additional vacant commercial land being dumped on our market = lower property values for everyone. If our BOCC would quit feathering the nests of friends, and get back to governing for the people whom they represent, we could turn this thing around and enjoy the growth that the rest of our state is experiencing.
Posted on: Mon, 07 Jul 2014 13:13:53 +0000
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