Because of property tax abatements, residential condo units in Downtown Columbus are likely to appreciate in value less than residential units elsewhere in the region. This might provoke worried headlines in a few years, but this lower appreciation doesn’t imply that Downtown property owners have made a bad investment.
These property tax breaks can be substantial. [...]
Archive for July 26th, 2008
Tax Abatements and the Downtown Condo Market
Posted in Think, tagged Add new tag on July 26, 2008 | 2 Comments »