03-31-2018, 05:20 AM
The public should know of truth...
I suspect it's actually much simpler: HFM collects lots of stall rent, but County can only tax a vacant lot.
this condition would eliminate between half and two thirds of the vendors, and of course the rents would have to double or triple
Nothing compared to the rent increase necessary to finance a $1M building.
Classic "you can have 10% of this dollar, or 100% of nothing", just like all those unpermitted Puna shacks -- force compliance, and there won't be anyone to clean the toilets.
I suspect it's actually much simpler: HFM collects lots of stall rent, but County can only tax a vacant lot.
this condition would eliminate between half and two thirds of the vendors, and of course the rents would have to double or triple
Nothing compared to the rent increase necessary to finance a $1M building.
Classic "you can have 10% of this dollar, or 100% of nothing", just like all those unpermitted Puna shacks -- force compliance, and there won't be anyone to clean the toilets.