Quote:
Originally Posted by spence
At least, that's how I think it happened.
-spence
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Something else to consider is that the higher reevaluations in the housing market was a windfall tax income for just about every town in America and helped shore up major budget shortfalls across the nation. That being said, it was in everyone's interest to see house prices go up- the home owner felt rich and the towns were taking in more property tax.
I feel like someone just pushed the reset button......
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