The Washington Post today has an article summarizing findings by the General Accounting Office that the federal government doesn’t have a clue about the state of its properties. You can access The Post’s article here.
What concerns me is that if the U.S. government is going to play an effective role in stimulating the economy, part of its efforts will involve licensing access to the natural resources it manages. While the article speaks specifically to real property, it should give us some clue as to how well the federal government is managing its inventory of natural resources. Spectrum comes to mind for example.
Anyway, regarding real property, do you think this is problematic? If the government needs to sell property, how does it know whether it is short changing itself by not maintaining the properties so that property values are maximized?