Faced with revolts by homeowners, legislatures from Maine to Nevada are coming up with possible fixes.
" 'Almost every state is looking at some form of property-tax cap,' says Myron Orfield, an expert on property taxes and a law professor at the University of Minnesota in Minneapolis. 'It's a 'perfect storm' for property taxes: There are rapidly increasing home values while states are not keeping up with their contributions to school districts.'
... The talk of a real estate bubble is causing additional angst because many homeowners are afraid that their taxes may be based on a market value that no longer exists."
Thanks to Chris Steins
FULL STORY: States try to ease property-tax rise
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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