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Thursday, April 14, 2016

Churches As Condos

In 2014, a Pew survey found that almost 60 percent of older millennials go to church once annually or less, meaning religious buildings are more vulnerable to condoification than ever.

Some people are not to happy about this.

Church property in Cities are becoming very valuable real estate.

In Newport Beach California, at the mouth of Lido Island, a church has been sold to a developer and the parishioners are very unhappy about it.

 Calvary Chapel of Costa Mesa California, located in Santa Ana California, sits on ten acres of very valuable real estate.

Wonder what pressures are at play when it comes to all of this valuable real estate?

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