Slant 7-16-2015
• As we predicted, the Eugene City Council this week revived the Multi-Unit Property Tax Exemption program, aka “tax breaks for the rich,” but at least it has some redeeming qualities. The council was under threat from Brian Obie and other developers that they would abandon their downtown housing plans without the tax breaks, but we’re not convinced they wouldn’t build anyway. Think about it. If you were a developer, wouldn’t you try to leverage every advantage possible to maximize your return on investment? Continue reading