From the Field
Property Taxes Aren’t the Cause of Our Housing Crisis, They’re a Solution to It
Taxing land and buildings at different rates can discourage land speculation and encourage housing development.
From the Field
Land Owned by LLCs More Likely to Be Vacant
NYC’s land speculators use LLCs to evade legal responsibility while sitting on vacant property.
From the Field
How Tax Assessments are Racist
Between biased property appraisals that undervalue Black-owned properties and biased tax assessments that levy an unfair burden, homeowners of color are flanked by a double-whammy of racism.