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Do Wars in Third World Cities Lower Property Values?

You thinks those "rednecks" down the street are going to lower your property taxes? Consider something more serious

moving into your neighbor...like snipers

and mortar, dead bodies and general destruction....a real serious Syrian scenario up and down your street and in your face!

I was wondering how such an event would

lower property values?

1 Answer

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  • ?
    Lv 7
    8 years ago
    Favorite Answer

    Actually I think it would increase it

    If you think about it when a war break outs in a town people will run and move out

    The vacant units then will no longer have taxes paid by those people

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