New National Report Finds Real Estate Transfer Taxes Suppress Housing Supply, Harm Lower-Income Families, and Fail to Deliver on Promised Revenues
Findings should serve as a cautionary tale for policymakers looking for ‘quick fix’ revenue measures WASHINGTON, D.C.: A new study by the Sage Policy Group shows that real estate transfer taxes, one-time levies on property sales, cause serious unintended consequences in jurisdictions across the United States that have approved them. Instead of solving local budget […]
