Nearly 400, 000 people now pay it, a figure that has risen with property prices.
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In Australia they are only one way of managing with property rights, he says.
Residents in low lying areas or with property near the river should be particularly vigilant.
Big questions remain unanswered, making it difficult for many with property to make decisions about their future.
With property values declining, Americans were no longer borrowing against their homes to buy cars and jacuzzis.
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Like all South Korean businesses with property, his wealth has been sharply reduced by the financial crisis.
Bekomba says her son has become proud and arrogant with property for which he did not even work.
These problems include errors with property tax refunds, education expenses and political contributions.
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The insurance industry was reintroduced into China in 1979, first with property insurance that year, followed by life insurance in 1982.
With property and share values taking a dive in Japan, many of the Korean-Japanese are now struggling to repay their loans.
With property values unlikely to soar again, at least in the short term, Hong Kong's government urgently needs fresh sources of revenue.
"We are trying to do everything we can to work with property owners and return these long-term empty properties to use, " he said.
We did, in fact, point out in advance that things were going wrong in the region, particularly with property booms and fragile banks.
With property at the upper reaches of the price range, celebrity provenance might increase interest but is unlikely to push up the hammer price.
Yet with property in many places looking so overvalued, that could imply a long period of falling real prices even if nominal prices stay flat.
Wherever OOIL shipped its goods, Hutchison, flush with property profits from Hong Kong, would build on its partner's introductions to acquire a stake in container ports.
Indeed, as financial historian Niall Ferguson observed in his book The Ascent Of Money, English speaking peoples already have an obsession with property, with or without tax breaks.
Blacks who fought with the British assumed that they would thereby win both Boer farms and the vote, already extended to blacks with property in the British Cape colony.
However, the 10 most expensive seaside towns remain in the south west of England, with property in Sandbanks in Dorset being the most expensive, followed by Padstow in Cornwall.
And, third, if asset prices overreach and then collapse, as happened with property prices in many countries in the early 1990s, there can be serious economic and financial consequences.
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With property taxes rising across the country, we took a look at per-pupil spending in public schools and weighed it against student performance--SAT scores, SAT participation rates and graduation rates.
With property values falling, property tax burdens are going up doubly fast, as Bill Baldwin pointed out in his project to rank state property tax rates from worst to best.
The poorest countries can hope to catch up if they establish the basic economic institutions (starting with property rights and the rule of law) and do lots of other things right.
There also could be tax issues with property settlements.
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With property prices starting to soar, the government last month stepped up its controls of the real estate market, vowing to levy a 20 per cent capital gains tax to thwart speculators.
With property taxes rising across the country, we took a look at per-pupil spending in public schools and weighed it against student performance--college entrance exam scores (SAT or ACT, depending on which is more common in the state), exam participation rates and graduation rates.
But it also seems clear that Prokhorov, a man with property holdings all over the world and substantial international exposure as the owner of an NBA franchise, is much more independent, and more capable of striking independent political positions, than a party functionary in the old Soviet system.
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On August 9, a federal district court judge in California ruled (PDF) that the Federal Housing Finance Agency (FHFA) violated federal law when it decided, without public notice or opportunity for stakeholders to comment, in July 2010, not to underwrite mortgages on homes with property assessed clean energy (PACE) loans.
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