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Updated almost 3 years ago,
Rising property taxes lead to the next real estate recession?
There is a lot of focus on inflation, rising home prices and rising inflation. But will it be rising property taxes what will lead to a real estate sell-off and potential real estate recession? Based on latest tax assessed values, one of my rental property taxes is going up by over 40%, and another by 23%. I don’t hear much talk about this, and wonder if other investors are seeing this steep increase in property taxes, which can put a significant dent on rental returns, and eat significantly into cash flow.