Do Higher Property Taxes Improve Housing Affordability?

A recent Bloomberg opinion article suggested that higher property taxes are a tool lawmakers can use to lower home prices. How? They pointed to the difference between California and Texas. In Texas, property taxes are generally higher, but home prices are generally lower. Meanwhile, the opposite is true in California. In today's episode, we'll go over these two situations and whether it makes sense or not. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices