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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Hope Praytochange who wrote (120652)12/26/2011 1:54:58 PM
From: MJ1 Recommendation  Read Replies (4) | Respond to of 224714
 
County Governments increase the local tax rate per 100 or per thousand--------they don't follow the price of the housing down. This is how they avoid a collapse in revenues.

Agree on the housing problems-------crisis------created my multiple participants from WAMU, Chase, Citi, the Real Estate Brokers, Appraisers, Mortgage Brokers on and on. Home owners were sold a bill of goods-----Fannie and Freddie .

I browsed through the land and housing markets in the USA recently---------------there is one community in Clinton's Arkansas that has hundreds of foreclosures and short sales. I will see if I can post a link on it.