Skip Navigation
StreetEasy

Borrowers in default don't pay R.E. taxes

Started by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
http://www.washingtonpost.com/business/economy/falling-home-values-mean-budget-crunches-for-cities/2011/12/14/gIQAwWmtHP_story_1.html
Response by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009

Chris Whalen predicted this way over a year ago.
http://www.distressedvolatility.com/2010/10/chris-whalen-on-property-tax.html

Ignored comment. Unhide
Response by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009

In the 1930s, a total of 28 states enacted foreclosure moratoria and a 1934 Supreme Court decision upheld such laws provided that a state of emergency existed.

http://blogs.reuters.com/christopher-whalen/2010/10/20/everything-that-americans-once-knew-about-home-mortgages-but-should-ask/

Ignored comment. Unhide

Add Your Comment

Most popular

  1. Hochul angling towards $5M+ pied a terre tax
    81 Comments
  2. Mamdani heading towards raising property taxes
    192 Comments
  3. COMPLETE List of Land Lease Buidlings in Manhattan
    3 Comments
  4. Proprietary lease expiration
    9 Comments
  5. Cost to Build Affordable Housing
    29 Comments