A Quick Visit to the Housing Market

Contributing sentiments towards policy:

56% : If the overall tax rate is 1.0 percent, a progressive structure can make it 1.5 percent on values over $1 million, and say 2.0 percent on values over $1.5 million.
55% : In the case of a progressive property tax, we already have an assessed value on record.
52% : While we wait for more supply, I have my big three short-term measures: + A progressive property tax, +
47% : There is a similar story with the vacant property tax; we already have an assessed value on the books, just double the tax rate if the property has been vacant more than six months.
41% : For folks freaking out because they have a home worth $1,050,000 -- remember, it is a marginal tax.
41% : Several cities already have a vacant property tax in place.
39% : A vacant property tax, and + Restrictions on Airbnbs.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.