Talking about The Huge Threat To Muni Finances That Hardly Anyone Is Talking About Yet

 

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The Huge Threat To Muni Finances That Hardly Anyone Is Talking About Yet

Thanks to 60 Minutes, the public is starting to understand a problem that’s been discussed in financial circles for a long time, namely the horrible state of muni finances.

But even within that discussion, one issue hasn’t actually been discussed that much, and that’s the effect of falling property prices on property taxes.

WSJ noted that property tax changes generally lag housing

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