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The tax man doesn’t want housing to recover

Newsletter_MarketMatters_Computer.JPG  CNN


During the housing boom, governments enjoyed windfalls from property taxes tied closely to home prices.  But since the real estate bubble burst, the revenue stream officials had come to rely on to help pay for everything from education to roads has dried up.

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Published Thursday, June 30, 2011 5:18 PM by Gail Griffin, GRI, e-PRO
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