#property-tax-elimination

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#new-york-city
NYC politics
fromUnHerd
13 hours ago

Zohran Mamdani is pushing New York towards fiscal disaster

New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
fromAP News
2 days ago
New York City

NYC Mayor Zohran Mamdani wants to crack down on 'bad landlords.' First he has to find them

Mayor Zohran Mamdani initiates 'rental ripoff hearings' to address issues with bad landlords in New York City.
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
NYC politics
fromUnHerd
13 hours ago

Zohran Mamdani is pushing New York towards fiscal disaster

New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
New York City
fromwww.amny.com
3 days ago

Op-ed | A responsible path forward for New York City's budget | amNewYork

New York City's budget process is a complex negotiation that impacts community investment and addresses fiscal challenges.
New York City
fromNew York Daily News
4 days ago

NYC Council budget plan averts Mamdani property tax hike, avoids tapping reserves

The City Council plans to close New York's budget gap without tax hikes or using reserves, proposing alternative funding sources instead.
New York City
fromAP News
2 days ago

NYC Mayor Zohran Mamdani wants to crack down on 'bad landlords.' First he has to find them

Mayor Zohran Mamdani initiates 'rental ripoff hearings' to address issues with bad landlords in New York City.
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
US Elections
fromAxios
10 hours ago

Dems eyeing 2028 want huge tax cuts - but big hikes for the rich

Democratic presidential candidates propose significant tax cuts, including eliminating federal income taxes for many workers and making income up to $75,000 tax-free for couples.
#homelessness
Mission District
fromSan Jose Spotlight
16 hours ago

San Jose looks to cut homeless shelter operating costs - San Jose Spotlight

San Jose is doubling homeless shelters but faces $94 million in operational costs, requiring budget cuts and innovative funding solutions.
Non-profit organizations
fromSan Jose Spotlight
3 days ago

Santa Clara County housing funds safe after federal court ruling - San Jose Spotlight

Federal appeals court blocks HUD's attempt to cap permanent housing funds, preserving Continuum of Care grants for homelessness solutions in Santa Clara County.
#affordable-housing
East Bay real estate
fromKqed
2 days ago

1 Way to Help Oakland Teachers' Salaries Go Further? Affordable Housing | KQED

Oakland is creating affordable housing for teachers to combat high living costs and retain educators in the district.
fromFortune
1 week ago
East Bay real estate

Affordable housing is stuck in limbo thanks to a 'Made in USA' law that nobody can figure out how to follow | Fortune

East Bay real estate
fromKqed
2 days ago

1 Way to Help Oakland Teachers' Salaries Go Further? Affordable Housing | KQED

Oakland is creating affordable housing for teachers to combat high living costs and retain educators in the district.
fromFortune
1 week ago
East Bay real estate

Affordable housing is stuck in limbo thanks to a 'Made in USA' law that nobody can figure out how to follow | Fortune

UK politics
fromwww.independent.co.uk
2 days ago

Mansion tax could hit 165,000 homes in first year, Budget watchdog predicts

The Independent provides accessible journalism on critical issues like reproductive rights and climate change, supported by donations to maintain reporting integrity.
NYC real estate
fromwww.businessinsider.com
2 days ago

We bought a house that's too small so we could afford our dream neighborhood. A $300,000 third-party loan will help us renovate.

The Feinbergs purchased a small home in Wayne, Pennsylvania, and planned to expand it using RenoFi financing based on future value.
Remodel
fromwww.businessinsider.com
2 days ago

We bought a house with a 2.5% mortgage rate a few years ago. Our family's much bigger now, but moving is not an option.

Rising mortgage rates since 2019 have made moving to a larger home financially challenging for families.
LA real estate
fromwww.housingwire.com
3 days ago

What Washington state agents are seeing with new 'millionaires tax'

High-net-worth clients are adapting to new tax implications, with some accelerating plans to relocate due to financial considerations.
Brooklyn
fromNews 12 - Default
2 days ago

Brooklyn mother says new apartment in East New York is in desperate need of repairs

A Brooklyn mother faces unaddressed repair issues in her new apartment, prompting her to reconsider moving in.
Law
from24/7 Wall St.
2 days ago

Dave Ramsey Tells Tutor With $24,000 IRS Debt to Pay the Government First in Her $94,000 Debt Snowball

Prioritize IRS debt over other debts due to its unique enforcement powers and penalties.
#california
California
fromStreetsblog California
3 days ago

Buffy Wicks Pushes Legislation to Cut Red Tape for Transformational Bicycle and Pedestrian Projects - Streetsblog California

AB 1976 aims to streamline California's pedestrian and bicycle infrastructure planning and construction processes.
LA real estate
fromwww.housingwire.com
5 days ago

California bills target condo deposits and defect liability

California lawmakers are considering bills to reduce barriers for condominium construction, addressing deposit limits and construction defect liability.
California
fromStreetsblog California
3 days ago

Buffy Wicks Pushes Legislation to Cut Red Tape for Transformational Bicycle and Pedestrian Projects - Streetsblog California

AB 1976 aims to streamline California's pedestrian and bicycle infrastructure planning and construction processes.
LA real estate
fromwww.housingwire.com
5 days ago

California bills target condo deposits and defect liability

California lawmakers are considering bills to reduce barriers for condominium construction, addressing deposit limits and construction defect liability.
Washington DC
fromNextgov.com
2 days ago

Civilian agencies face 10% cuts in Trump's 2027 budget

President Trump proposed a $2.2 trillion fiscal 2027 budget with increased defense spending and cuts to non-defense agencies.
East Bay (California)
fromThe Oaklandside
3 days ago

Oakland made a big financial mistake failing to collect business taxes, audit finds

Oakland failed to collect owed business taxes, exacerbating financial crises and limiting revenue needed for essential services.
Boston
fromBoston.com
4 days ago

Boston faces budget deficit of nearly $50 million

Boston faces a $48.4 million budget deficit due to external cost pressures, prompting spending freezes and hiring delays.
#new-york-city-council
US politics
fromThe Lever
4 days ago

The Quiet Fortune Of NYC's Top Anti-Tax Democrat

A New York City Council speaker opposes tax increases while concealing her family's multimillion-dollar wealth through disclosure loopholes.
New York City
fromNBC New York
3 days ago

City Council adds free transit proposal to its preliminary budget response

City Council proposes an alternative budget to address a $6 billion shortfall without raising taxes or cutting essential services.
Healthcare
fromwww.amny.com
3 days ago

Op-Ed | New Yorkers can't afford Albany's single-payer fantasy | amNewYork

New York lawmakers propose the New York Health Act for a single-payer system, but it risks catastrophic tax increases and financial instability.
#housing-market
SF real estate
fromwww.housingwire.com
6 days ago

How the ROAD to Housing Act could improve home affordability

COVID-19 and Federal Reserve actions led to a housing market frenzy, but rising mortgage rates and inflation have since decimated affordability.
Real estate
fromFast Company
4 days ago

Home flipping stabilized after being hit by its biggest pullback since 2007

Home flipping activity has stabilized around 2019 levels, with seasoned flippers planning to execute deals in 2026 despite a slower appreciation environment.
SF real estate
fromwww.housingwire.com
6 days ago

How the ROAD to Housing Act could improve home affordability

COVID-19 and Federal Reserve actions led to a housing market frenzy, but rising mortgage rates and inflation have since decimated affordability.
Real estate
fromFast Company
4 days ago

Home flipping stabilized after being hit by its biggest pullback since 2007

Home flipping activity has stabilized around 2019 levels, with seasoned flippers planning to execute deals in 2026 despite a slower appreciation environment.
NYC parents
fromNew York Post
3 days ago

Hochul in talks to make fat pork union deal that could lower retirement age for teachers to 55 - at staggering cost to taxpayers

Gov. Kathy Hochul is considering a $1.5 billion deal to lower retirement age for public workers from 62 to 55, impacting taxpayers significantly.
US news
fromwww.npr.org
3 days ago

Trump's VA killed a home loan program. Vets are now losing their homes because of it

Over 10,000 veterans faced foreclosure due to the shutdown of a key VA home loan safety-net program, with 90,000 more at risk.
fromPhilosophynow
4 days ago
Philosophy

The Collective City

Islamic philosophy invites plurality and coexistence, emphasizing the importance of dialogue and the acceptance of error in understanding.
#san-francisco
San Francisco
fromMission Local
5 days ago

S.F. on track to shrink deficit by $300M, city controller says

San Francisco's projected budget deficit has decreased from $936 million to $643 million, but significant cuts and challenges remain ahead.
SF politics
from48 hills
4 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
San Francisco
fromMission Local
5 days ago

S.F. on track to shrink deficit by $300M, city controller says

San Francisco's projected budget deficit has decreased from $936 million to $643 million, but significant cuts and challenges remain ahead.
SF politics
from48 hills
4 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
Austin
fromwww.housingwire.com
6 days ago

Austin council pushes new zoning laws for missing middle housing

Austin City Council approved land-use changes to accelerate construction of missing-middle housing types, aiming to address housing shortages and slow price growth.
NYC politics
fromwww.theguardian.com
15 hours ago

Mamdani pledged affordable New York housing in his campaign. How is that going?

Mamdani's appeal against expanding housing vouchers contradicts his campaign pledge, angering advocates amid a homelessness crisis and budget deficit.
NYC real estate
fromtherealdeal.com
2 days ago

The Daily Dirt: One man's quest for a STAR rebate

The STAR property tax rebate application was denied due to an income error, which took months to resolve despite a quick fix being possible.
#california-housing
LA real estate
fromLos Angeles Times
2 days ago

California considering a first of its kind idea to boost factory-built housing

California is considering entering the construction insurance business to address the housing shortage through innovative building methods.
LA real estate
fromSan Jose Inside
3 days ago

CA Considers New Idea to Boost Factory-built Housing

California is considering entering the construction insurance business to address the housing shortage through factory-based building innovations.
LA real estate
fromLos Angeles Times
2 days ago

California considering a first of its kind idea to boost factory-built housing

California is considering entering the construction insurance business to address the housing shortage through innovative building methods.
LA real estate
fromSan Jose Inside
3 days ago

CA Considers New Idea to Boost Factory-built Housing

California is considering entering the construction insurance business to address the housing shortage through factory-based building innovations.
UK politics
fromIndependent
4 days ago

New derelict property tax will affect up to 19,000 sites in bid to boost housing supply

Revenue will collect a new 7% tax on up to 19,000 derelict properties to boost housing supply.
fromwww.housingwire.com
3 days ago

Mortgage lenders ramp up homebuilder divisions

Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
Real estate
Boston real estate
fromBoston.com
4 days ago

Amid slowdown, developers set to sell part of dormant Dorchester megaproject

Developers are scaling back plans for Dorchester Bay City and putting a significant portion of the site up for sale due to market challenges.
from24/7 Wall St.
4 days ago

The US Government Could End The Federal Gas Tax

The tax provides more than $23 billion per year in revenue for federal highway and public transit programs. The federal gas tax has been in place, in one way or another, since 1919 and was last raised in 1993.
Alternative transportation
fromwww.housingwire.com
5 days ago

Homeowner Assistance Fund backstopped vulnerable borrowers

The insights from this report help us think about potential gaps in the loss mitigation waterfall and the types of homeowners who may benefit from targeted support when they experience a crisis.
SF real estate
US Elections
fromFortune
6 days ago

Wealth taxes on billionaires and $30 minimum wages are part of the same plan, advocate says. 'They should pay their fair share' | Fortune

Most voters support a billionaire tax, with 52% of California voters favoring a one-time 5% tax on the state's billionaires.
NYC politics
fromtherealdeal.com
1 day ago

Doomed to fail: Why Rent Guidelines Board always gets it wrong

The Rent Guidelines Board's process is ineffective and cannot set appropriate rent increases for diverse tenants.
LA real estate
fromtherealdeal.com
2 days ago

LA's 17.8% resi progress lags state-mandated production as clock ticks

Los Angeles is significantly behind in housing development, achieving only 17.8% of its state-mandated goal for new units.
NYC real estate
fromCity Limits
3 days ago

Opinion: Expanding the J-51 Tax Incentive is Key Co-ops Staying Affordable-And Becoming Sustainable

Expanded J-51 proposal can help co-ops afford energy upgrades and maintain affordability for residents.
SF politics
fromwww.theguardian.com
5 days ago

Washington state's historic' millionaire tax takes aim at super-rich will it succeed?

Noel Frame has faced significant challenges in raising taxes on the ultra-wealthy in Washington despite the state's need for increased revenue.
SF real estate
fromFortune
1 week ago

The ROAD Act passed by the Senate aims to expand America's housing supply. It's likely to shrink it instead | Fortune

The 21st Century ROAD to Housing Act aims to limit single-family home rentals to address the housing shortage.
fromInvestigative Post
2 days ago

Investigative Post event on reforming Buffalo and NY government.

John Kaehny has written and successfully lobbied for the passage of state and New York City laws related to government transparency and accountability, including the first open data law in the world in 2012.
NYC politics
NYC real estate
fromtherealdeal.com
3 days ago

Help for rent-stabilized landlords appears unlikely as Mamdani's board kicks off

Data on rent increases in New York reveals conflicting interpretations between tenant advocates and landlord groups regarding financial realities.
LA real estate
fromtherealdeal.com
3 days ago

Campaign promises offered as assurances on California's troubled resi insurance market

Pacific Palisades residents face a $1.5 million gap between insurance payouts and rebuilding costs after last year's fire.
fromFast Company
2 weeks ago

If you want housing abundance, let the market work

Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.
Philosophy
Real estate
fromwww.housingwire.com
4 days ago

NAR to sunset governance groups as part of committee overhaul

NAR has initiated governance changes to streamline its committee structure and enhance effectiveness based on member feedback.
SF politics
fromFortune
5 days ago

Congress is violating the Constitution-and a $39 trillion debt is the proof | Fortune

Most Americans and many Members of Congress lack knowledge of the U.S. Constitution, leading to significant fiscal consequences.
NYC politics
fromCity Limits
2 days ago

Councilmember Investigated Over Possible Bribes In Shelter Contracting, And What Else Happened This Week in Housing

Councilmember Farah Louis is under federal investigation for allegedly steering shelter contracts in exchange for benefits.
#federal-housing-reform
California
fromKqed
2 weeks ago

How Federal Housing Reform Could Impact Californians | KQED

Congress is finalizing significant federal housing reform bills inspired by California laws, targeting housing shortages through construction innovation, streamlined programs, and increased local housing planning.
fromKqed
2 weeks ago
East Bay real estate

Congress Advanced Some Major Housing Reforms. Here's How It Could Impact California | KQED

California
fromKqed
2 weeks ago

How Federal Housing Reform Could Impact Californians | KQED

Congress is finalizing significant federal housing reform bills inspired by California laws, targeting housing shortages through construction innovation, streamlined programs, and increased local housing planning.
fromKqed
2 weeks ago
East Bay real estate

Congress Advanced Some Major Housing Reforms. Here's How It Could Impact California | KQED

NYC politics
fromwww.amny.com
3 days ago

NYC Council members would have more control in establishing community boards, per new bill

A new bill proposes that NYC Council members appoint half of community board members to enhance local representation.
#housing-policy
from48 hills
1 week ago
SF politics

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

SF politics
from48 hills
1 week ago

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

ConnectedSF supports repealing Prop. I, claiming it stalls housing projects, but financing issues and market conditions are the real barriers to development.
Real estate
fromwww.housingwire.com
3 weeks ago

ROAD to Housing Act sparks debate over investor limits, inventory

The Senate approved a bipartisan housing bill that includes provisions to shift corporate-owned properties to individual homeowners through rent-to-own requirements, though critics argue it does not increase overall housing supply.
NYC real estate
fromThe Atlantic
6 days ago

How to Keep the Suburbs Tenant-Free

The rise of corporate landlords is reshaping suburban housing, increasing rental options but facing potential legislative challenges.
fromwww.amny.com
4 days ago

Mamdani fires back at Menin over City Council's budget response, charges it ignores bigger financial problems | amNewYork

Mamdani stated that the City Council's budget strategy effectively ensures this structural deficit will continue indefinitely, impacting vital city services and failing to solve deep financial problems.
New York City
LA real estate
fromtherealdeal.com
1 week ago

Measure ULA committee weighs mansion tax best practices, pros and cons

The Measure ULA ad hoc committee is evaluating the mansion tax's impact and potential amendments before its dissolution on April 30.
New York City
fromNew York Post
4 days ago

NYC is so broke, the Brooklyn Bridge might get roommates

The City Council proposes renting hidden rooms in the Brooklyn Bridge to generate revenue for New York City.
#housing-affordability
SF politics
fromwww.housingwire.com
2 weeks ago

The ROAD to Housing Act passed big, here is what it missed

The 21st Century ROAD to Housing Act represents bipartisan recognition of a housing affordability crisis impacting the American Dream and political stability.
Boston real estate
fromwww.housingwire.com
1 month ago

Democrats propose bill targeting corporate housing tax breaks

Democrats introduce legislation to restrict institutional investors and hedge funds from bulk-purchasing single-family homes to address housing affordability crisis and preserve homeownership opportunities.
Real estate
fromwww.housingwire.com
1 month ago

Here's what will actually move the needle on housing affordability

Housing affordability requires land-use reform and builders must shift focus to market segments where they can control outcomes, as traditional solutions like lower rates, off-site construction, subsidies, and value engineering are individually insufficient.
NYC politics
fromtherealdeal.com
5 days ago

Mamdani crackdown targets condo and co-op tax cheats

Residency requirements for voting in New York are ambiguous, impacting co-op and condo owners amid new tax abatement documentation rules.
Real estate
fromwww.housingwire.com
2 weeks ago

Housing muni market swells amid affordability policy debate

Municipal bonds have become a critical financing tool for affordable housing, growing 198% since 2016 and now representing 7% of the $4.4 trillion municipal bond market.
NYC politics
fromwww.amny.com
6 days ago

Editorial | The billion-dollar problem that is CityFHEPS, and how to solve it in the NYC budget | amNewYork

CityFHEPS expenses surged from $176 million to $834 million, with projected costs reaching $1.2 billion in fiscal year 2025.
fromwww.housingwire.com
2 weeks ago

How Public Financing Wins Projects Before You Build

Through Community Facilities Districts (CFD), Municipal Utility Districts (MUD), Public Improvement Districts (PID), Community Development Districts (CDD) and reimbursement districts (RD), builders can potentially shift infrastructure costs off their balance sheets and onto special districts that homebuyers ultimately absorb through property taxes without potentially adding debt to the builder's books.
LA real estate
Real estate
fromwww.housingwire.com
3 weeks ago

Trade groups push for changes to ROAD to Housing Act provisions

A bipartisan housing bill combining House and Senate provisions faces concerns from mortgage bankers over provisions that could reduce housing supply and increase lender costs through FHA loan limit decreases and expanded disclosure requirements.
California
fromwww.housingwire.com
1 month ago

From relief to rebuilding: Rethinking forbearance in an era of climate disruption

California wildfires demonstrate how climate disasters, insurance volatility, and rebuilding delays require lenders and policymakers to develop sustainable forbearance policies with national implications.
Real estate
fromwww.housingwire.com
3 weeks ago

Congress nears a housing deal and the investor fight is inside it

The bipartisan 21st Century ROAD to Housing Act addresses America's housing crisis by streamlining environmental reviews, expanding financing for manufactured housing, and encouraging communities to accelerate production to close a supply shortage of one to seven million homes.
#property-tax-reform
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
NYC politics
fromtherealdeal.com
3 weeks ago

The Daily Dirt: Applying tax the rich to rent stabilization

An income-tax surcharge on high-earning rent-stabilized tenants could generate revenue while incentivizing them to move to better housing, freeing apartments for those with greater need.
Real estate
fromwww.housingwire.com
1 month ago

Property tax, insurance accounts for 21% of mortgage payments

Taxes and insurance can comprise over one-third of monthly mortgage payments in many markets, significantly impacting affordability beyond the base loan cost.
US politics
fromwww.housingwire.com
2 months ago

Affordable HOMES Act passes House

Legislation restores HUD's sole authority over manufactured housing energy-efficiency standards to reduce regulatory overlap, lower costs up to $10,000 per unit, and boost supply.
Real estate
fromwww.housingwire.com
1 month ago

Property tax burdens vary widely as states debate senior relief

State property tax effective rates vary widely, with Hawaii at 0.27% and New Jersey at 2.11%, producing large differences in annual homeowner bills.
Real estate
fromwww.housingwire.com
2 months ago

Bill proposes eliminating capital gains tax on home sales

A Jan. 13 bill would let homeowners sell a primary residence tax-free after two years of occupancy to boost housing supply and affordability.
fromwww.housingwire.com
2 months ago

BPC Action presses Congress to advance bipartisan housing bills

The legislation focuses on reducing regulatory and procedural barriers to housing development, aiming to accelerate the construction of both market-rate and affordable housing nationwide. The Housing for the 21st Century Act is the House counterpart to the ROAD to Housing Act. The bill seeks to accelerate housing development by encouraging zoning reforms, supporting accessory dwelling units and small multifamily projects, and lowering costs tied to permitting and design. It also includes grants for preapproved building plans intended to shorten approval timelines.
Real estate
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