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St. Louis is on a path to bankruptcy. Should it be allowed to sell vacant condemned buildings to make ends meet?



Photo above – Interco Plaza, St. Louis. Formerly a newspaper publisher, and before that a railroad junction. The site is currently fenced to keep squatters. vandals, drug dealers and homeless encampments at some remove.

There are a LOT of details about the St. Louis city budget. I won’t go into all of them. 2025 spending will be $1.4 billion. It gives 7% raises to firefighters, and 3% to everyone else. The city spends $5,000 per resident – including infants and children. Their population is shrinking 2% a year, as residents die off or flee.

To help balance the St Louis budget, someone on city council wants to sell an empty building surrounded by a chain link fence. There is debris all over concrete apron inside the fence. The city is now being sued by ANOTHER council member for selling “an undeclared park”.

The vacant eyesore has no grass, no trees, and no public amenities. Obviously, whoever is suing to stop the sale isn’t using this debris field as a park. Someone simply believes a vacant firetrap is a more appropriate use city property than selling it provide affordable housing and/or the parking spaces that go with it.

NIMBY (Not In My Backyard) has reached the apogee of insanity.

If that vacant city office building remains unused/unsold, the city will be unable to collect property taxes on from a future owner. Those uncollected taxes would have helped improve schools, fix potholes, and cover the wage increases for firefighters, teachers, and police. Somebody is saying no to all that, and has their fingers crossed that this firetrap could become a legitimate park someday far in the future and increase the property values of someone's nearby homes.

This is why we can’t have nice things in America. Some jerk always wants to corral every vacant lot and turn it into green space for the benefit of their own home's value.

I’m just sayin’ . . .


Auditor: St. Louis Public Schools could be bankrupt in 6 years | STLPR

City Throws Away Millions of Dollars Previously Invested in Interco Plaza

U.S. Cities Where People Pay the Most in Taxes - Chamber Of Commerce
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exchrist · 36-40
Yes abandoned buildings should be sold to developers to be redeveloped demolished or rehabilitated and then made functional. The loss in tax revenue for cities experiencing “urban blight” is very apparent! I’m in upstate New York and many cities are at least 1/3 abandoned.
exchrist · 36-40
@Avectoijesuismoi finally if St. Louis could redirect its damaged reputation toward the lessons of correcting the damages it will attract investment research and fresh arrivals. A world standard to be emulated. Positive begets improvement.
Avectoijesuismoi · 36-40
@exchrist I currently live in a nice part of California (Rancho Santa Fe) nothing is broken there it all works, the schools etc in the area are good.
Everything is nice and clean too.
But the difference between these type of areas and others is the word "request" has been omitted from the dictionary and substituted by "demands" they get high property taxes and they are expected to do what it is for maintaining the highest standards.
exchrist · 36-40
@Avectoijesuismoi I can identify here in upstate New York things are not bad like anywhere there are problems. Taxes are higher than many other states and like everywhere only going up. What you describe is “blue state tax syndrome” poor decisions made in and by red states with smaller populations and lower taxes destroy the nations income reputation and environment. Often the red states that are “firing from the hip” and devastating things for everyone else then externalize blame and cost on democrats on the other side of the country.
The mistakes in Florida or Texas Alabama or Georgia are paid for by federal taxes collected from populous blue states California New York and Massachusetts. Or failed policies by newcomers in the early years of America were committed in blue states: the original 13 and then the culprit fled (disappeared) to a newer state only to F it up there too. MF’ing humans;(Europeans) eh?
The original 13 states despite having the most experience thus the most effective policies are forced to shoulder the burden of younger less populated states that have lower taxes bc no one would move there otherwise. I get it
Unfortunately absent the nation working as a whole (as a team should) most of the country’s worst problems will never be addressed and simply remain unsolved while getting worse.
Hence the federal legislature externalizes its focus to foreign wars, sometimes as a result of scapegoating in order to circumvent blame for the consequences of domestic policies.
Certainly if ww2 era politicians would retire or simply die “finally” war time strategies and demeanor could finally become peacetime attitude and solutions.
America is a young nation but its politicains aren’t.
Regarding property taxes I wish it weren’t a thing. Unfortunately in the same way stewardship of the land which life is dependent on at some point became extraction of resources for profit and exploitation of natural regenerating systems to the point of destruction.
Now we have to fix it (correct course).
jehova · 36-40, M
A concern when old properties are sold to be rehabilitated often they simply get rezoned and converted to commercial real estate or shopping plazas in this way perhaps some lots need to remain vacant or in disrepair. Otherwise much needed residential property is far more likely to become yet another abandoned strip mall. While increasing the property value of all the surrounding and vacant properties such that those properties never get repaired.
SusanInFlorida · 31-35, F
@jehova this happens near me too. prior to world war 2 (or just after) inexpensive homes were built on streets that later atttracted McDonalds, Walmart, etc. people actually DONT want to live next door to a McDonalds. A house near me was squeezed between the post office and fire department. It became a budget hotel when sold. this still doesn't help the affordable housing problem, but at least it's not vacant, and is generating property tax revenue again. the post office and fire department pay no property taxes, of course.
Avectoijesuismoi · 36-40
With a bit of a revamp by counting windows you could probably put 7 apartments in it. And revamp the outside to make it a nice garden with some parking for the cars as well. You could most likely even get some communal areas like a pool, gym, sauna
Avectoijesuismoi · 36-40
@SusanInFlorida you also can't keep building everywhere either
We actually need to start to allocate more space back to nature. The more people we need the more oxygen we need.
What is actually needed is to slow down population growth as a whole.
Forget about just money at the moment.
The other resources food, water, etc are also no longer matching the number of people, and capacity to produce more and more food is going to be reached very soon and there are going to be horrible consequences.

Add to that that at least 30% of the oceans need to be protected and that means no fishing or any other exploitation of those areas
The treaty to do it has been ratified.
There is an "unofficial funding budget" available to buy up companies and literally shut them down. None of the people involved need to be popular or require votes. There is no political sensitivity so it can just do it.
But it can apply pressure on the politicians to stop bad practices.

One company that was logging and owned the land in the Amazon rainforest has already been acquired and closed down.
Good bye jobs that were there.
SusanInFlorida · 31-35, F
@Avectoijesuismoi the biggest reason natural spaces are "lost" - they are clear cut or burned for agriculture. to feed the world's relentless overpopulation growth.
Avectoijesuismoi · 36-40
@SusanInFlorida it has got to be halted now there is funding to do just that.
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SusanInFlorida · 31-35, F
@jshm2 i grew up in a home. my mother still owns it. where did you grow up?
CougarLisa · 36-40, F
If the owners are paying the taxes and not violating any laws or ordinances, no!
dale74 · M
@CougarLisa that building is owned by the city
CougarLisa · 36-40, F
@dale74 post says "buildings"... plural.
SusanInFlorida · 31-35, F
@CougarLisa vacant buildings are a public nuisance and safety hazard. no matter if your taxes are up to date, or not.
dale74 · M
Trump could make it into a fine hotel
Won’t it all be fixed if they elect a commie mayor?

 
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