We all saw it coming and it appears that the issue of infrastructure has arrived! With the housing meltdown came the tax crisis. Towns and Cities are out of money. More and more I’m getting asked about local government. And those questions are obvious as we try to avoid pot holes while trying to view properties. A small local town in my area avoided replacing water lines for so long that it is now replacing the lines under duress. And that school down the street, is it scheduled to close next year? Sheriff and Police services are suffering as well.
Water ~ Schools ~ Streets ~ Emergency Services are all things that buyers should ask about, consult local officals, read the local newspaper, even ask your insurance agent about.
in·fra·struc·ture (nfr-strkchr) n. 1. An underlying base or foundation especially for an organization or system. 2. The basic facilities, services, and installations needed for the functioning of a community or society, such as transportation and communications systems, water and power lines, and public institutions including schools, post offices, and prisons. http://www.thefreedictionary.com/infrastructure
Orginally posted 3/10/10
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