The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GST who wrote (109442)	1/1/2011 10:27:54 PM
From: russwinter	4 Recommendations Read Replies (3) of 110194

Certainly, a reason I came back here is to hear your views on this, thanks for the commentary. As an aside the US local government system has become highly dependent on property taxes, and now taxpayers are being gouged. The Census just reported that property taxes are up 7.7% YoY. How can that be, given that per Case Shiller and Core Logic property values fell 25%, including 5% in the last year. Bad numbers, or means someone is being screwed. In China the local governments have used straight out land speculation to support activities. Not sure which is worse, but similar outcomes in the end.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next