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Oh I forgot to add that the millege for an investment property that isn't your primary residence is $80 for every $1,000 assessed. No wonder the middle class is fleeing the city in droves. Just wait till the NEZ tax abatement programs end and the property taxes jump up on all of the newer condos and lofts in town. It's cheaper to live in the burbs than it is to live in the city. Oh and the streets are plowed and the police actually show up when you call in the burbs too.
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