businessNov 22, 202411:59pending
Do Higher Property Taxes Improve Housing Affordability?
About this episode
A recent Bloomberg opinion article suggested that higher property taxes are a tool lawmakers can use to lower home prices. How? They pointed to the difference between California and Texas. In Texas, property taxes are generally higher, but home prices are generally lower. Meanwhile, the opposite is true in California. In today's episode, we'll go over these two situations and whether it makes sense or not.
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