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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: FreedomForAll who wrote (56351)3/21/2006 10:41:23 AM
From: KyrosL  Read Replies (1) of 110194
 
OT

Your experience in Georgia illustrates how different people perceive inflation radically different depending on where and how they live. My house in Florida is worth around $400,000 and my real estate taxes are $1,800. In 1981 they were $1,100. Most of my neighbors pay the same or less tax than I, on houses worth about the same as mine. The CPI published by the government averages out housing costs across the US. My housing costs (dominated by the RE tax) have been consistently less than the published CPI for many years now.
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