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TexasTowelie

(122,004 posts)
2. Hmm...
Thu Aug 15, 2019, 09:43 PM
Aug 2019

We're screwed!

Besides the residents in the affected homes, the crumbling foundation issue also affects revenue for public entities. As the market value of the property continues to decline, the property tax rates have to be increased to generate the same amount of revenue. The people involved with the issue are in a death spiral.

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