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Thread: Mary Jane helps property values
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12-25-10, 04:29 AM #1
Damnit, I'm hungry again.
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Mary Jane helps property values
Pot may be propping up Mendocino's rural land values | PressDemocrat.com
Pot may be propping up Mendocino's rural land values
By GLENDA ANDERSON
THE PRESS DEMOCRAT
Published: Friday, December 24, 2010 at 5:03 p.m.
Last Modified: Friday, December 24, 2010 at 5:03 p.m.
( page of 2 )
Land prices in Mendocino County's rural northeastern region have weathered the recession better than other areas, the result many believe that has more than a little to do with marijuana production.
“Of course, i’'s a factor,” said county Supervisor John Pinches, whose district includes the area.
Overall, the value of Mendocino County real estate has declined by 1.4 pecent, or $140 million, in the last year, said county Assessor-Clerk-Recorder Sue Ranochak. That translates to a property tax loss of $1.4 million. The county’s share of the loss is about $420,000, she said.
Many homeowners in the county have been seeking reductions in their property taxes as their home values have plummeted. But there have been few requests in the northeastern county, Ranochak said.
“We haven’t seen the drop in values in that area. I’ll let you decide why that is,” she said.
Foreclosures also are rare in that area, Ranochak said.
The rugged territory stretching from Laytonville to Covelo is known for its pot production.
Rest at link'Political Correctness is a doctrine fostered by a
delusional, illogical liberal minority, and rabidly
promoted by an unscrupulous mainstream media, which
holds forth the proposition that it is entirely
possible to pick up a turd by the clean end!'
“A fear of weapons is a sign of retarded sexual and emotional maturity.” Sigmund Freud
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12-25-10, 06:34 AM #2
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Ah, so profit makes it a good thing. Flawed reasoning.
Murder-for-hire could bolster the economy too...
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12-25-10, 06:45 AM #3
Damnit, I'm hungry again.
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See the "deputy threatened" article I posted
Originally Posted by countybear
'Political Correctness is a doctrine fostered by a
delusional, illogical liberal minority, and rabidly
promoted by an unscrupulous mainstream media, which
holds forth the proposition that it is entirely
possible to pick up a turd by the clean end!'
“A fear of weapons is a sign of retarded sexual and emotional maturity.” Sigmund Freud
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