Municipalities Should Not Be Commercial Landlords (I’m Looking at You, Chesterfield)

Source: Show-Me Institute
by David Stokes

“Chesterfield, which is poised to be the largest city in St. Louis County, is attempting to get into the commercial real estate business. I mean that literally. The city is planning to purchase a commercial property building and operate it as a landlord. I can’t believe this has to be said, but municipalities have no business being in the commercial property business. I don’t think you have to be a libertarian extremist to believe that. The more extreme position is actually that owning and operating a commercial office building — or any business, really — is, in fact, the proper role of government.” (08/07/25)

https://showmeinstitute.org/blog/municipal-policy/municipalities-should-not-be-commercial-landlords-im-looking-at-you-chesterfield/