With home prices up more than 50%, some states try to contain property taxes

With home prices up more than 50%, some states try to contain property taxes

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The video discusses the impact of rising property taxes on homeowners and renters, highlighting the case of Chris Hardy, a real estate broker in Colorado. It covers legislative measures in states like Colorado, Alabama, and Wyoming aimed at alleviating tax burdens. The video also addresses the challenges faced by local governments due to reduced funding and the rising costs of insurance and property valuations. It concludes with the potential impact on renters and upcoming legislative sessions in Kansas.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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