Sound business practices
To the Editor:
As we enter the sixth year of an unprecedented depression in real estate values and ever-decreasing rents, it is clear that School District 155 has no respect for property owners and the general business community.
High real estate taxes are a major cause of the foreclosure crisis and the extremely slow recovery of the housing market. In many cases, real estate taxes account for more than 40 percent of a homeowner’s total payment.
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