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In terms of property values, Greenwood is a mixed picture.
In addition, a countywide reassessment of property values is scheduled to be complete by 2003.
He also calls for new council-tax bands to better reflect the disparity of property values.
Most loans, he said, were made at 50percentto70percentcent of property values.
A single region may have a wide range of property values.
The other common claim is of actual or potential reduction of property values.
However, the capital still far outstrips both areas in terms of property values.
Rents in London and Paris are barely above 4% of property values.
"Whole neighborhoods are being wiped out in terms of property values and people's ability to remain in their homes".
The city has increased both the rate at which buildings are taxed and its assessment of property values.
It would require homes to be registered, title to be clear and the appraisal of property values to be credible.
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