yep,
I don't know about now but when I was in the banking business when we would foreclose on a property we would not pay the property taxes until the property sold.
If this is still the case, with all the foreclosures the cities are not getting the income they were used to getting to waste on the crap they have been wasting it on.
Sure they still have to make payroll and have the trash picked up and so on but not many pet projects are getting funded right now. In reality, what that means is the Kick-backs have slowed down quiet a bit.
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Ferrari Killer
Steve
Must Sell Right Now
If you don't check it out - You won't know.
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