Quote:
Originally Posted by Major
Although many ideas are terrific, it's putting lipstick on a pig. The only way I would invest in downtown Laconia is to eliminate Section 8 housing and the transients walking and biking around with their backpacks. Once the degenerates off the street, and people feel safer going downtown, the improvements won't attract the business Laconia is seeking. Otherwise, I wouldn't invest a penny, either personal or through taxes.
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I disagree, my property does pretty well down there, I am very happy with my tenants and the return on my investment about 12% annually.