Eliminate Florida Property Tax: How to get real estate marketing can be affected


Some local government The idea of ​​getting rid of property taxes to reduce the owner’s burden.

Florida Conference.

Joel Berner, the Senior Student in RealTor.com, says it can benefit in Florida’s market inventory.

Relax the taxes of property can reduce some home tensions that get high insurance costs, depending on Bern.

Berner says now there is a higher number of homes and houses used for sale compared to last year because Ideal anxiety. People locked at low mortgage rates for many years of being looking to move, but the claim is not equivalent to a few years when the state has a summer.

Many State find the end to the property tax: Never to ‘lease from the government’

« Eliminate the property tax required to add to everyone’s home budget and allow people to buy home first or buy their dreams in their dreams For it is a property tax, «  Berner said.

State Florida's residence market

House for sale in Water Water Water Water Watermase, Florida. (Photographer: Lisete Morales McCabe / bloofberg via Getty photos / Getty photos)

However, this will help buyers’ budget and make demand increases, driving a short price, he said.

This movement can also affect the negative community.

Local Used Property Taxes are updated to increased state sales taxes, will have less control in the city and district Self tax income In the way that meets their specific needs, « Berner says »

pa republicans looking for money to transfer money for illegal transfers to relieve property tax

He said the different municipality has a different demand, and « State blanket income will be less expertise for the needs of need. »

Chen Zhao, Economic Research Leader of Redfin Real Estate, says it will affect property taxes. « 

The cubor building has a beach in Sunny Isle, Florida. (Joe Redle / Getty Photo / Getty Image)

For example, the buyer can « recognize that local service, such as the school, which will benefit from the property tax. »

Zhao and Bern said it is not clear that the state will raise income from the property tax replacement.

If the state compensation it by raising sales taxes, for example, it may cause potential migrants in Florida.  »

However, the issue of the cost of high insurance remains.

« If the cost of insurance due to severe weather risk that will also hesitate to buy at Florida, »

House for sale in Miami, Florida. (Lukett / Bloomberg via Getty Image / Getty Image)

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But Florida is not a single state that consider the plan to eliminate property tax. Specific leaders in many states are looking for, To Pennsylvania Council Argue that the homeowner does not need to « pay rent » to the government.

« Property Tax is a problem that is not a matter of course, because in some areas, R-Lebanon said,

« For me, ‘Deal deal is that I want people to own their home and do not rent from the government, across Pennsylvania ».

Fox Business’ Charles Creitz contributed to this report.



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