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In government property we trust

AUGUST 13, 2019 | by Steven Malanga | CITY JOURNAL

“… But one plan, currently receiving government consideration in Connecticut, is more promising. It involves turning over government-owned properties to private managers in the hope that they could generate revenues for underfunded pension systems. The proposal, recently detailed by a state commission, is based on the assumption that local governments hold enough unused or underdeveloped properties to create significant new income streams.” 

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