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The proposal has garnered support from local real estate professionals who are witnessing firsthand the struggles of homeowners in maintaining their properties amid rising tax costs. The Florida Realtors association, which represents over 240,000 members, echoed the governor’s concerns about the long-term implications of high property taxes on homeownership rates and the broader concept of wealth building through real estate.
Realtors argued that affordable homeownership is key to community stability and family financial success. They emphasize that tax relief would invigorate the housing market by making it easier for homeowners to sell and buy properties without the fear of escalating tax rates locking them into market positions.