I would like the value of my home to rise, while my property taxes fall
Points and comments are a snapshot, not live.
Homeowners want higher home values but lower property taxes, a contradiction driving major tax reforms.
David Schleicher's paper details recent state property tax reforms that slash taxes on owner-occupied homes, shifting the burden to commercial property owners, other local taxes, and state funds. States like Florida, Ohio, North Dakota, and Texas considered abandoning property taxes entirely. These reforms effectively transfer wealth to current homeowners, raise housing costs, reduce local funding stability, and increase state control over local governments.
What commenters are saying
Commenters broadly agree on the contradiction: people want both high home equity and low taxes. Some note that property taxes fund services subject to inflation, so stable rates are unrealistic. Others argue housing is a consumer good, not an asset; one counterpoint is that financial systems treat it as an asset via mortgages. Several commenters describe local variations, including New Hampshire's rising taxes amid poor school funding.