[Mpls] Skyscraper valuations going up

[Steve Brandt]

Mr Atherton posts:  I think that this indicates a trend, but not necessarily that
of increasing value, rather it indicates a push to find
addition revenue to pay off a growing debt.

Mr. Brandt here:  Nice theory, but the flaw in it is that higher valuations have to be proven by the assessor in court if they are challenged by property owners.  And they are.  Another flaw is that the city wouldn't have been cutting valuations on downtown office towers for the last several years if revenue need was the driver.

Steve Brandt
Kingfield