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I don't think it's primarily for outrageous profits, although that's a contributor.
Higher prices = higher property tax receipts
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Merry Christmas
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pull down to refresh
I don't think it's primarily for outrageous profits, although that's a contributor.
Higher prices = higher property tax receipts
Merry Christmas
This is manipulated supply and demand. Put more inventory on the market, prices go down. Banks have plenty of foreclosed units, but they are holding them back along with builders to keep the market pricing high and with outrageous profits.