When the world's richest man buys in your city, it can only be a good thing. If the past is any indication, here is what we can hope to see come our way:
1. First and foremost, an increase in the property taxes collected. Bill Gates's current home in Washington is 66,000 square feet. There is no telling what he will be building here, but it's pretty fair to say it won't be small. Increased tax base = more money for schools and local improvements.
2. Did I mention his current house is 66,000 square feet? Building a home that size creates jobs!
3. Few can argue against the fact that the equestrian community in Wellington has been growing in recent years. This growth has not only helped Wellington properties, but home and land values in Loxahatchee, Royal Palm Beach, and the surrounding areas have increased as farms are looking outside of Wellington to purchase land for their growing stables. Bottom line, let's all do a little happy dance to celebrate our newest (and richest) neighbor!
Author:Hadar Goldberg Phone: 561-389-6038 Dated: May 20th 2016 Views: 343 About Hadar: ...
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