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Politics : A Neutral Corner

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To: Lane3 who wrote (205)9/17/2005 1:21:24 PM
From: MulhollandDrive  Read Replies (2) of 2253
 
My initial reaction on the tax write-offs for building buildings is negative, though

i think it is a very good idea....

by accelerating the depreciation on the buildings (new and re-habbed) it puts money back more quickly into the pocket of the builder/investor

it's not a 'gimme', these people are assuming risk by putting up their money by borrowing to build...

obviously the intent is to create more value, building revenue producing real estate, allowing the developer to recapture their investment more quickly, thus wealth...

i see it as a win/win/win for the developer/builder, home/business buyer/renter, and the government
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