Monday, August 2, 2010
Burning Money
It’s truly perplexing to think that a property owner would allow their building to be demolished when the home is worth $40,000 and more. Homes and building in Ashland are being razed by the homeowners as well as the City of Ashland. The Ashland County auditor’s online records show taxed value of homes and properties. After the leveling of these homes, properties are worth $10,000 to $20,000. It doesn’t make economic sense to destroy something you own that has value. It’s like burning money. This week I will be exploring options people have other than allowing them to be destroyed.
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