Thursday, November 01, 2007

LOCAL DOWNTURN

Today I learned that the reduction in sales tax receipts means that Arizona isn't getting enough money to pay its bills and that the county where I live is thinking hard about postponing a bond issue because the housing market is doing so poorly.

Not all is doom and gloom: There was an $8 million house sold by a local to a local! Can you say "Two Americas"?

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