“I don’t get why there are so many empty buildings in the area. With such high land values (and tax rates), why don’t they sell them? It seems there are a lot of people that can afford the massive expense of sitting on a property (taxes, insurance, minimal upkeep to keep the city fines away, taxes, etc.) I’m sure a lot of instances it’s someone asking too much for a property. But if it’s still sitting after YEARS on the market (and YEARS of expense), something should tell you that you have it priced too high. I don’t know… I guess I’d just start freaking out if only a few months passed and an empty property of mine was just sitting there. I have had multifamily properties on the market but they’re full and [bringing] in income while on the market so I’ve never been in a rush. But a vacant building? *shudder*” [Cody, commenting on How You Can Help Large-Scale Graffiti in Midtown Get Off the Ground]
About SwamplotSwamplot covers real estate, home design and renovation, architecture, and the landscape of Houston, Texas. Swamplot did not flood during Allison — or Ike! Honest!
Send us a tip
Subscribe to Swamplot