that depends. why are we paying inflated values in the first place? people i know bought houses back in areas like inman park when it was a run-down, drug-addled neighborhood. they bought the trash for under 100 grand, worked hard to fix them up, and now because of that most are paying property taxes on them as if they were valued at a million plus, because one or two houses in the neighborhood sold for such. it’s rather unfair, especially considering the ridiculous housing bubble we just came out of. people bought places because they were given low loans which banks then shot up to ridiculous interest rates. is that fair as well? how much money has wells fargo made off such tactics? what was the a more ACCURATE value of the house when banks and speculators weren’t busy manipulating market prices?screw wells fargo. they should take hits. they’ve been stealing from all of us for decades. they’re a huge bank, one of only a handful left from ridiculous buyouts and mergers. they deserve to take a hit. they wouldn’t exist if it weren’t for us. so screw them. let them give people a break for a change. they got bailout money, so where’ s the people’s bailout?
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