My property taxes may decrease? I'm rolling on the floor laughing...
Here's a thought-provoking story nonetheless about a housing slump meaning that state and local government will have less revenue because of, among other things, declining home values. While I would love to see a decline in my property taxes (they went up by, IIRC, 3% this year), let's just say I am not holding my breath. I also have to remember that our local high school district wants to tack on an extra grand to build a new school. Yeah, right.