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Home Prices Continue Free-Fall

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By Barry Ritholtz - December 31st, 2008, 9:18AM

Spotlight on Alexandria, VA: 55% of Revenue Comes from Real Estate Taxes, Mayor Forced to Hike Up Property Taxes; How to Fight the Hike – Examine Worksheets or File an Appeal

WSJ’s Sudeep Reddy talks with Tim Hanrahan about October data showing the decline in U.S. home prices is intensifying and how consumer sentiment may change in the coming months.

12/30/2008

Inside Look: Home Price Index Falls 18%

PERMALINK
Category: Real Estate, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Home Prices Continue Free-Fall”

  1. Texican Says:
    December 31st, 2008 at 1:14 pm

    This mayor is cutting his own throat. He is increasing the cost of living in an asset that is declining in value. This will lead to more defaults and less taxes for his city. He’s going to have to be more creative than this.

  2. JohnnyVee Says:
    January 1st, 2009 at 12:58 am

    Hey Mr. Mayor. How about cutting city services, medical and retirement benefits?

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