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View Diary: Housing Secretary: “the worst rental affordability crisis that this country has ever known" (301 comments)

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  •  How much do property taxes figure into this? (3+ / 0-)
    Recommended by:
    gjohnsit, Square Knot, flowerfarmer

    Trickle down economics rears it's ugly head when federal money has stopped making its way to states and then to local governments and the shortfall is made up by raising property taxes. Mortgage, taxes, insurance etc. will add to high rents in any place worth living in.

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