Breaking News: The Pop Up Tax Moratorium is Dead

Just received news (not good news) from Lansing that the proposed moratorium on the pop up tax is not likely to come to be this year. We were looking at it as a short term stimulus for the housing market and were optimistic that it would have helped to motivate home buyers over the coming 18 months. We’ve long felt that a bigger fix is needed for our property tax legislation, but we were at least happy for the bandage that the moratorium would have supplied in the short term. Obviously the State’s budget crisis will not allow for a loss of $90 million in revenue that this time, but the housing market could use a bit of assistance too.

More articles on the pop-up tax and the Michigan real estate market can be found on miOaklandCounty.com

Posted Thursday Mar 29

(03/30/07 10:20AM) — Terry Lynch

From my point of view as an agent this is bad news, but you are right, most cities and townships just couldn't afford this.

I would try putting a corresponding graphic on both the teaser and the parent article. I think local content articles will naturally attract less interest on AR as well. Just MHO.

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