Do You Own Your Home If You Pay Property Taxes? | This Week's Economy Ep. 148

​How property taxes undermine homeownership—and what states and localities can do to fix it.

Affordability is a major issue for voters. Families are feeling squeezed by higher housing costs, rising insurance premiums, and everyday expenses that often outpace income. For many Americans, the question is no longer just whether they can buy a home, but whether they can afford to keep the one they are in.

Across the country, states are beginning to confront one overlooked driver of the housing affordability crisis: property taxes. 

From proposals to cap assessments to more ambitious efforts to reduce or even eliminate property taxes, lawmakers are reexamining a tax that quietly raises housing costs annually.

In This Week’s Economy, we’ll look at how property taxes undermine true homeownership, why they fall hardest on those least able to pay, and what meaningful reform would require if states and localities want to restore affordability and let people prosper. 

Check out the show notes at ⁠vanceginn.substack.com⁠ and more information on my work at Ginn Economic Consulting at ⁠vanceginn.com⁠. Thank you for watching. Please subscribe and share now!