Published on Northloop Neighborhoods (http://northloop.14gram.com)
Drop in Property Values Drains Local Tax Coffers
By admin
Created 05/16/2008 - 10:20am

The nation's foreclosure crisis is causing property values to drop across the nation, and California is one state that is taking it hard.

It is bad not only for homeowners, but also for local governments — like Stockton, Calif. — that depend on property taxes.

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Source URL (retrieved on 10/06/2008 - 4:45pm): http://northloop.14gram.com/drop-property-values-drains-local-tax-coffers

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