In their current form, our property taxes discourage much-needed new housing—while doing little to deter those who are actively hoarding land and homes. We need an overhaul if we’re serious about housing affordability, and luckily, we don’t have to look far for the answer.
I appreciate your support despite the negative effects it would have on you.
We need more density and it’s not going to come fast enough if sitting on prime land is cheap.