The assumption of growing wages is also a narrative to which there is no direct evidence of such a thing occurring because of tax cuts.

Granted, this is anecdotal evidence though.

It makes their job easier, lets them know what valuation you're targeting, and supplies them with supporting evidence. 

What evidence do you have that the demand exists?

The actual end table located next to a bed did catch on fire and there is clear evidence that is is destroyed.

Hope this helps you in some way, Robin.I was called in an advisory role after my friend was promised essentially a 300% annualized return and it became evident that he was being scammed.

If you want to have nuanced discussion with myself (or evidently, anybody else here).

Although there are evidently other issues since the B&B owners (traditional FULL B&B, not airbnb) in Kapaa that we used to use who lived onsite got out of the business because of the regulatory hastles.  

Exactly, if you object to the taxable value they will make you use YOUR closing statement as evidence of the value since it would be considered an arms length transaction. 

This all changed in September, 2008, when the effects of the financial crisis became evident.