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  1. #1
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    pgg
    pgg is offline 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!'

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  2. #2
    countybear's Avatar
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    Ah, so profit makes it a good thing. Flawed reasoning.

    Murder-for-hire could bolster the economy too...

    "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
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  3. #3
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    pgg
    pgg is offline Damnit, I'm hungry again.
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    Quote Originally Posted by countybear View Post
    Ah, so profit makes it a good thing. Flawed reasoning.

    Murder-for-hire could bolster the economy too...
    See the "deputy threatened" article I posted
    '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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