The Independent Streak

From Rubble of the Bubble

By Jefferson Morley 04/03/2008 09:58AM

In Minneapolis, officials are suing a real estate firm allegedly involved in flipping dozens of residential properties in a foreclosure-plagued neighborhood, according to Minnesota Monitor. In Colorado, county auditors say declining property values--and tax payments--imperil spending on basic services like road maintenance, parks and snow plowing.

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