Hope for Bay St. Louis?

The casino that sat on the outskirts of Bay St. Louis has shed a glimmer of hope on the consideration of building condominiums on the area where the casinos property is zoned 'resort'. Before the hurricane over half of the cities tax revenue came from this casino operation. Many locals are opposed to the idea of adding high rise condominiums to the quaint neighborhood, but the bottom line is if they do not stimulate some form of economic growth the citizens of Bay St. Louis will never see the city they all called home, pristine just as it was.

1 comment:

Dr. Tufte said...

I'm not sure what this has to do with ManEc.

Having said that, it is a pretty common outcome when you separate tax decisions from investment decisions to get people to reject the latter.