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To: Riskmgmt who wrote (82197)5/25/2007 4:29:36 PM
From: 8bits  Read Replies (1) | Respond to of 110194
 
Yeah, the impact fees plus all the b/s that goes on now with the permits is making building new homes a nightmare and that will definitely help support the existing homes. Broward is also getting pretty built out which helps too.

Welcome to California... Prop 13 shifted a substantial portion of real estate taxes (ahem fees..) to new developments.