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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (13033)8/23/2003 2:45:57 PM
From: TradeliteRead Replies (1) of 306849
 
<<I am not familiar with the pay packages for police and fire, so I'd be interested in knowing more. But I find it difficult to believe the wage and retirement packages are "ridiculous", because only a few years ago there was a huge service crunch in the state where the police depts couldn't get staff.>>

The problem with wages for police, fire, teachers is not necessarily the wages themselves, but the high cost of living in their areas.

We have this problem where I live, too, and we don't have Prop 13 to blame it on. High housing prices, scarce affordable housing opportunities, yada yada.
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