Rising property taxes are a housing market killer

  • 📰 AllSidesNow
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Americans are pouring out of cities with high property taxes and relocating to places like Tennessee in search of lower rates as they try to reduce...

Americans are pouring out of cities with high property taxes and relocating to places like Tennessee in search of lower rates as they try to reduce hidden costs of homeownership.

That's according to a new analysis published by Laffer Associates and the Committee to Unleash Prosperity, which found that a growing number of people are leaving Ohio, Illinois and western Pennsylvania in favor of states like Tennessee, where the average property tax rate is just 0.6%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 572. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines