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The Paducah City Commission held a public hearing on Tuesday regarding a proposal to lower the city s real estate tax levy, but increase revenue for fiscal year 2024. ....
you know well you know neil i think he has an argument right? you ve seen the crash in real estate. you ve seen arguably your parents, or charlie s parents, get foreclosed upon in their homes. because the banks, all of a sudden, tightened credit standards significantly from having very lax standards. so those people maybe had a home foreclosed on which is somewhat tragic. and you then become a renter you move to the renter space, and you sit back and your credit has been damaged. right? and maybe your job is not as stable as it once was, and so you wait to put that down payment aside, which becomes more and more difficult, especially in a tax environment that we re in. and then you lastly add, neil i m from westchester county about 20 minutes north of manhattan and you look at some of the real estate tax rates and what you re paying well that is a big problem you re right about that. charlie do you you re right about that. charlie, when you talk to folks ....