As home prices increase, some states are trying to control property taxes for homeowners

Between high interest rates and rocketing home appreciation values across the country, it has been an interesting time to be a homeowner.

According to the S&P Dow Jones Indices, national home prices have risen 64% on average over the last five years. To help ease the burden on homeowners, some states have proposed legislation to limit, cut, or offset escalating property taxes. But as Hardy points out, while the measures could save taxpayers money, they would also take away from governments that rely on the funding.

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

State bill would allow family access to nursing homes during declared emergenciesMost nursing home residents were shut off from the outside world during the pandemic, and some died without family by their side. A new bill in the California Legislature aims to prevent that from happening again.
Source: KPBSnews - 🏆 240. / 63 Read more »