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I'm sure the cities would be very pleased to take these homes off the banks hands.

I'm not so sure. It means the city has no chance at all of getting property taxes, has to do the maintenance themselves, and can't sell them at what they think is a reasonable price either.

by gk (gk (gk quattro due due sette @gmail.com)) on Thu Jun 18th, 2009 at 04:01:27 PM EST
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