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Health & Fitness

Declining property values and Tax increases

I was just on Zillow and I am amazed at the property values in the area are going down.We did have a peak before the financial bubble in 2008 but prices in the area have not come back up. Some homes are selling for half of what they have sold for. The real trouble lies in the tax increases that have added up to about 12% in the last 5 years some increases where larger . Some houses have a tax bill equal to their mortgage. Some home the tax bill is greater than the mortgage. What can we do to stop this tread? Any answers !!

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