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Old 02-13-2005, 10:14 PM   #20 (permalink)
C4 Diesel
Crazy
 
Location: Troy, NY
Quote:
Originally Posted by sob
I long ago gave up trying to change anyone's mind in venues such as this, but I'll repeat an earlier question.

What about rent-controlled areas?
Besides what flstf said, rent-control decreases property value accordingly (due to lower income potential), thereby decreasing the property tax. I also wouldn't make or break an idea based upon an exception, but that's just me.
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