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The federal government doesn't know very much about the property it owns, according to a report from the Government Accountability Office, via the Washington Post.

The federal government doesn't know very much about the property it owns, according to a report from the Government Accountability Office, via the Washington Post.

Some of the buildings owned by the federal government were said to be in "excellent" condition but had severe roof damage, collapsed roofs and damaged ceilings, according to the article. GOA researchers discovered that even with warnings that property management and information were inaccurate, the government knows very little about the condition of the property it owns.

The federal government is the largest holder of real estate in the U.S., with almost 400,000 properties it leases or owns, according to the article. The General Services Administration acts as a real estate broker for a plethora of government agencies.

The agency "has been working tirelessly with all federal landholding agencies to dispose of unneeded properties and since 2002 more than 3,355 federal properties have been taken off the government rolls," Linda Chero, the acting commissioner of GSA's Public Building Services, said in a statement on the agency's blog on Tuesday.

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