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The Independent UK
The Independent UK
National
David A. Lieb

With home prices up more than 50%, some states try to contain property taxes

AP

For retirees Tom and Beverly McAdam, the good news is the value of their two-bedroom home in suburban Denver has risen 45 per cent since they purchased it more than six years ago.

That's also the bad news, costing them thousands more in real estate taxes and leaving less for discretionary spending.

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