Mountain House, a development in San Joaquin County, achieved notoriety during the economic meltdown as the most underwater community in America, with a huge percentage of homeowners whose mortgage debt exceeded the value of their properties. The state senator who represents the area, Cathleen Galgiani, is carrying legislation that would provide state income tax relief to taxpayers whose mortgages have been reduced.
Mountain House, a development in San Joaquin County, achieved notoriety during the economic meltdown as the most underwater community in America, with a huge percentage of homeowners whose mortgage debt exceeded the value of their properties. The state senator who represents the area, Cathleen Galgiani, is carrying legislation that would provide state income tax relief to taxpayers whose mortgages have been reduced. Manny Crisostomo Sacramento Bee file
Mountain House, a development in San Joaquin County, achieved notoriety during the economic meltdown as the most underwater community in America, with a huge percentage of homeowners whose mortgage debt exceeded the value of their properties. The state senator who represents the area, Cathleen Galgiani, is carrying legislation that would provide state income tax relief to taxpayers whose mortgages have been reduced. Manny Crisostomo Sacramento Bee file