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Real Estate & Property Law

: Housing Wire

Study: Cities Facing Increased Financial Woes

By PAUL JACKSON

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The unprecedented economic conditions facing the nation are increasingly straining the ability of cities to meet their financial needs, according to a study released Wednesday by the National League of Cities. Precipitous drops in home prices have helped drain cities of much-needed tax revenue, leaving 84 percent of cities surveyed facing fiscal difficulties, up from [...]

Full post as published by Housing Wire on February 04, 2009 (boomark / email).

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