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...rent for a one-bedroom apartment dropping 2.5% in the last three months of 2008, compared with a year before. PPR's one-year forecast show rents dropping in 39 of its 54 markets, sometimes by large amounts - down 2.7% in Memphis, Tenn.; 3.7% in Charlotte, N.C.; 5.2% in Atlanta and 5.9% in Los Angeles. But other cities, like Seattle, Baltimore and St. Louis, Mo., are due for higher rents. (See a list of the top five movers in each direction...

Author: /time Magazine | Title: Bright Spot in the Housing Crash: Cheaper Rents | 1/22/2009 | See Source »

...Atlanta...

Author: /time Magazine | Title: The World | 1/21/2009 | See Source »

Following that, Morgan opened the ACLU's Atlanta-based Southern Regional Office, which continues today as one of the nation's foremost defenders of voting rights. He notably argued Reynolds v. Sims, a landmark Supreme Court case that ended the rural South's dominance in state politics, and his office challenged the exclusion of blacks from juries and represented black death-row inmates convicted by all-white panels. "The jury box and the ballot box," he said, "are the only places where citizens can tell their government what to do and the government has to listen...

Author: /time Magazine | Title: Charles Morgan Jr. | 1/15/2009 | See Source »

...Atlanta attorney Edward Lindsey says he saw the writing on the wall when he first ran for state representative in 2004. As he went door-to-door canvassing for votes in one of the city's wealthier enclaves, countless residents told him of paying property taxes that didn't reflect the true value of their house, but a value fueled by an assessment of their neighbor's recent renovation. Lindsey may have felt a little guilty. He and his wife had just completed what he described as "an upgrade" - he tore down one house and replaced it with a larger...

Author: /time Magazine | Title: Why Does Your Devalued Home Have Such a High Tax Rate? | 1/10/2009 | See Source »

Already, the push-and-pull of falling revenue based on property taxes, on the one hand, and demand for services, on the other, is convulsing many communities and states. In Decatur, Ga., a suburb east of Atlanta that relies on property taxes for revenue, the city has postponed a vote to annex additional neighborhoods because locals are concerned that annexation will overcrowd schools. In New Jersey, Governor Jon Corzine wants county and municipal governments to forego more than $500 million in pension payments in the coming year as a way of avoiding higher property taxes. And California and Arizona, where...

Author: /time Magazine | Title: Why Does Your Devalued Home Have Such a High Tax Rate? | 1/10/2009 | See Source »

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