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by minwcnt5 3633 days ago
Would it really be that bad for them if Google went belly up sometime in the future? Sure their property values might decline, but in the interim they'd go up. Is it that bad if property values go from x, to x + y, back to x, as opposed to just staying at x? In the interim, allowing Google to expand means they'd get a bunch of new infrastructure, run down parts of the city would be rehabilitated, the area would gentrify some. I'm not sure how these people are acting/voting in their own interest.
1 comments

You have to pay taxes for x + y but can only sell the house for x after the company leaves