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they need to be careful

Posted on: June 12, 2025 at 10:43:32 CT
o'lineydisciple MU
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Coupled with (I hate saying this, knowing you're in insurance) insurance premiums going nuts on commercial properties, in many instances it makes it very difficult to operate commercial real estate.

I'm involved in 3 small office buildings and am seeing the crunch. If taxes keep going up, and insurance keeps going up, rent will go up as much as the market allows. But many can work from home right now.

The alternative is everyone selling their commercial real estate which will potentially decrease the property value (based on the sale prices) and decrease the tax revenue in kind.

There's only so much blood in a turnip.
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MESSAGE THREAD

Got my Jackson Co property tax assessment in the mail - Joeboo MU - 6/12 09:08:41
     I saw this article today from the Star.. - tgr MU - 6/12 11:55:02
     25% here - alwaysright MU - 6/12 11:43:06
     you shack killing sonofa***** (nm) - Joeboo MU - 6/12 10:54:04
          Somone needs to start a boobs pic thread - playhard KC - 6/12 11:01:49
               I remember the days of pron gif threads - mizzouSECedes STL - 6/12 11:38:31
               RE: Somone needs to start a boobs pic thread - Fire Marshall Bill STL - 6/12 11:31:03
               RE: Somone needs to start a boobs pic thread - AWOLTiger KC - 6/12 11:14:23
               Or a RHF thread..... - Tigrrrr! MU - 6/12 11:11:40
          is this a shack suicide note?(nm) - SabertoothTiger MU - 6/12 10:58:56
     STL County increased by assessment by 51% from 2 years... - Lerxst MU - 6/12 10:50:59
     you mean cost of living has gone up?(nm) - Valley Tiger MU - 6/12 10:48:45
     they need to be careful - o'lineydisciple MU - 6/12 10:43:32
          the worst spot is commercial habititation - Joeboo MU - 6/12 10:45:50
     RE: Mine is down $800 in Kirkwood - Legend MU - 6/12 10:34:45
     North St Louis beckons. You will be overjoyed with your new - McMuffin MU - 6/12 10:31:20
          sh*t I might as well just move to Wyandotte - Joeboo MU - 6/12 10:43:55
     rask got his job back in business development for the county - 90Tiger STL - 6/12 10:28:12
     Mine went down 40% - CulturedDan MU - 6/12 10:13:40
          mine actually stayed flat in 2023 and 2024 - Joeboo MU - 6/12 10:21:31
     Boone County is up 15% too(nm) - MizzouAstro MU - 6/12 09:38:08
          $1000 prop tax increase and $1500 insurance increase - Joeboo MU - 6/12 10:03:03
               Doesn't look like you own it - CulturedDan MU - 6/12 10:25:23
                    Technically speaking - AWOLTiger KC - 6/12 10:39:55
               You'll own nothing and you'll like it!(nm) - AWOLTiger KC - 6/12 10:10:33
               that van is looking more appealing each year(nm) - SabertoothTiger MU - 6/12 10:08:36
                    have you seen the price of auto insurance?(nm) - Joeboo MU - 6/12 10:21:50
                         yes. No one said insure it. Thats for suckers. I know - SabertoothTiger MU - 6/12 10:29:32
                    Down by the river?(nm) - AllThingsKC KC - 6/12 10:18:44
          Yup, it's BS (nm) - mizzouSECedes STL - 6/12 09:47:53
     a friend of mine - o'lineydisciple MU - 6/12 09:28:32
          gubmint needs some RIFs - FootballRefugee MU - 6/12 09:55:00
               Reino Is Fat?(nm) - Diamond Dave MU - 6/12 10:18:55
                    damnation. The obvious one(nm) - SabertoothTiger MU - 6/12 10:33:14
               Redheaded International Females?(nm) - Joeboo MU - 6/12 10:13:03
               Reino Internet Finds?(nm) - SabertoothTiger MU - 6/12 10:10:54
          omg(nm) - AWOLTiger KC - 6/12 09:40:58
          Marvin - SwampTiger MU - 6/12 09:38:43
          does he own a coffee shop? - Joeboo MU - 6/12 09:36:11
               no. But wow.(nm) - o'lineydisciple MU - 6/12 10:39:28
          building's value is probably plummeting too (nm) - Columbian Gold MU - 6/12 09:31:36
     If you lived in a van down by the river you wouldn't - SabertoothTiger MU - 6/12 09:25:52
     The DEI Assessor is dumber than a bucket of hog slop. - Tigrrrr! MU - 6/12 09:17:13
     Mine went down - AWOLTiger KC - 6/12 09:14:25
     Move to Clay so you are no longer subsidizing sh*tty - hefeweizen MU - 6/12 09:14:08
          75% of that goes to Lees Summit school district - Joeboo MU - 6/12 09:14:54
               Just saying Clay and Platte doesn't have the same problems - hefeweizen MU - 6/12 09:16:43
                    the problems with property tax are a recent deal. - kmawv8 MU - 6/12 10:45:56
                    Here's why - CulturedDan MU - 6/12 10:24:33
                         is that Sinbad?(nm) - Joeboo MU - 6/12 10:46:33
     RE: Got my Jackson Co property tax assessment in the mail - meatiger MU - 6/12 09:13:06
     Same. Exactly 15% - phrejd STL - 6/12 09:09:47
          Mine went up close to 15% too. - kmawv8 MU - 6/12 09:11:57




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