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…
How Property Tax Will Affect China’s Middle Class Families
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…
The Long Road Ahead for NSW Property Tax Reform
October 13, 2021
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AustraliaBusiness & EconomyDominic PerrottetEconomiesLand TaxNSWOpinionproperty taxStamp DutyViewpointsWorld
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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…
NJ GOP Challenger to Democratic Governor Requests Debate Before Votes Cast by Mail
August 19, 2021
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Democratsgubernatorial debateLocal NewsNew JerseyPoliticsproperty taxRegional-Local NewsRepublicansUSUS News
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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…
NJ Lawmaker Proposes Using CARES Funds for Property Tax Relief Instead of Stimulus Payments for Illegal Immigrants
April 29, 2021
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CARES acteconomyFeatured Topicsillegal immigrantsImmigration & Border SecurityPolicyPoliticsproperty taxRepublicansUSUS Features
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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…
Proposed Bill Would Delay Controversial Property Tax Law
March 4, 2021
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Californiaestatesinherited propertyNY-CalOrange CountyPat BatesProp. 19property taxSouthern CaliforniaUS
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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…
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