Rising property taxes are a housing market killer

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Americans are leaving cities with high property taxes and relocating to states like Tennessee in search of lower rates as they try to cut homeowner costs.

National Association of Home Builders CEO Jim Tobin explains how local governments have tied up housing construction projects.and relocating to places like Tennessee in search of lower rates as they try to reduce hidden costs of homeownership.

During the seven-year period from 2013 to 2020, the population in the Cleveland area tumbled by 1.2% and in Chicago by 0.8%. "If the level of taxation of the classic Cleveland suburbs applied across the country, the average American homeowner, and indirectly the average renter as well, would be shelling out a

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Rising property taxes are a housing market killerAmericans 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...
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