Incentives for rebuilding are buying $1M units in Tuscaloosa, 200 miles from coast
(Newser) -
Investors are using federal tax breaks designed to stimulate rebuilding after Hurricane Katrina to buy luxury condos being built near the University of Alabama’s football stadium, 200 miles from the coast, the AP reports. The Tuscaloosa developments, where units go for up to $1 million, are flourishing while much...
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