Skip to Content



Property tax laws: Why cities' services haven't recovered from housing bust

December 11, 2016 In The News 1 min read
Authors:
Beth Bialy

The cost of the housing bust isn't just measured in lost homes and property value.

Michigan communities cut nearly 3,000 police officers as falling property tax revenues stretched budgets. Fire protection and library service took a hit. As did municipal ice rinks, swimming pools and recreation centers. Spending on local roadwork was curtailed, too, leaving potholes and damaged vehicles as proof.

Read more on the Detroit Free Press >>

Related Thinking

Q4 2021 U.S. Office Real Estate Market Summary

Article 10 min read

U.S. Treasury adopts final rule for SLFRF: What you need to know now

Article 3 min read

New year, new you: Nine steps toward financial success in 2022

Article 6 min read