In the 70's, properties with shacks on them were being sold for hundreds of thousands of dollars.Land values then were determined by speculation on what was to
โปรสล็อตpg come in the new "break-out"casino environment. We know land values are determined by the profits (or potential profits) of what industry is built on them or around them. "The casinos constitute 70% of the city's property tax base. One way of determining commercial property values is by the amount of profit that can be made on the site, said Moody's Investors Service analyst Vito Galluccio. Now that the casinos are bringing in less revenues and profits, they can argue that their properties are not as valuable." (Decline of Atlantic City Casinos Squeezes City, by Robert Slavin ,MAR 28, 2014, The Bond Buyer)