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Who is being helped by the Bail-outJim Geraghty theorizes:A theory, prompted by the arrival of the annual property-tax assessment of Casa Geraghty: Some of the folks most horrified by the downturn in housing prices and the prospect of a lengthy slump are not homeowners ? only a small percentage of whom are looking to sell in any given year ? but local governments, who derive large chunks of their

Full post as published by Lex Communis on March 02, 2009 (boomark / email).

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