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Cake day: March 4th, 2024

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  • Sc00ter@lemm.eetoComic Strips@lemmy.worldSports Interview
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    3 days ago

    Yes, but i also get it. If you want to build a stadium very near the city, thats going to cost more than if you build out in the middle of no where. The city, and surrounding businesses want the stadium close to them becuase it drives business at the local shops/hotels/restaurants, which then also drives increased tax revenue.

    The way the city incentivizes the owners to build near them is with tax incentives, which ultimately gets passed on to the local community. But the community does also benefit from those other things i mentioned above, but how much isnt as tangible as “my property tax went up x% to pay for their stadium”