Cities across California are considering offering workforce housing. Workforce housing projects will require cities to borrow money, purchase apartment buildings, and rent them to middle-class tenants at a discounted rate. My guest is Casey McKeon, real estate developer and vice president of acquisitions at Heslin Holdings. He discusses how the workforce housing program works and…

News Analysis Chinese authorities recently announced that they will roll out a pilot property tax plan in different parts of the country and likely implement property taxes nationwide in the future. This will undoubtedly be a major blow to China’s urban middle class that greatly affects their spending power. On Oct. 23, the Standing Committee…

Commentary Dominic Perrottet’s elevation from Treasurer to Premier of New South Wales (NSW) has brought attention back to his long-term plan to replace the stamp duty on property transactions with an annual tax on land value. Perrottet wants to make his mark as a reformer, and this is one key reform idea he developed as…

A Republican candidate running for governor of New Jersey in November asked the incumbent Democrat governor (running for re-election) to schedule a debate before voters are able to cast vote-by-mail ballots. Republican gubernatorial candidate for New Jersey Jack Ciattarelli sent a letter on Tuesday to the governor and Democratic gubernatorial candidate Phil Murphy asking him…

New Jersey Assemblyman Gerry Scharfenberger, a Republican, proposed in April a bill urging the governor to reconsider diverting $40 million in federal economic relief funds to illegal immigrants and instead use the funds for property tax relief to New Jersey’s struggling homeowners. Homeowners in New Jersey have been struggling for years to pay their property…

A local state senator is working to delay a recently-passed proposition that could cause the taxable value of inherited homes to rise. Sen. Patricia Bates (R-Laguna Niguel) has introduced of a bill that would delay the implementation of a portion of Prop. 19 until February 2023. “While Prop. 19 is now law, the measure is…