Nevada Drowning as Underwater Homes Cut Services

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Sept. 13 (Bloomberg) -– Tamara Harris, a homeowner in Southern Highlands, Nevada, a suburb of Las Vegas, and Susan Brager, chairwoman of the Clark County, Nevada, Commission, talk with Bloomberg’s Jennifer Oldham about the state’s housing market and the impact on public services. Nevada’s stagnant home market precipitated a 33 percent decline in property tax collections in Clark County, which includes Las Vegas and about 74 percent of the state’s population. (Source: Bloomberg)


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