While religious service properties are not built or operated for a profit, they do constitute a large part of the real estate market. Some sources report there to be more than 94,000 religious service properties in the United States, some of which exceed one-half million square feet. . Religious service properties are like most other real estate assets in that their underlying demand stems either from growth or shifts in user requirements. Also similar to most other types of real estate, they are heavily influenced by prolonged periods of significant unemployment. They are, however, distinctive in many ways, and the stress brought to the market for religious service properties by prolonged unemployment merits attention by anyone who buys, sells, or estimates the value of this unique property type. An understanding of these issues is also essential to anyone who counsels others on these activities…READ MORE