Part 11/16:
In Florida, a political movement proposes eliminating property taxes for primary residences, aiming to make a declaration: owners could pay off their homes free and clear, reducing government influence over personal property. Florida Governor Ron DeSantis champions this initiative, arguing it would boost affordability and incentivize homeownership, particularly for retirees and middle-income families.
However, critics warn about unintended consequences: soaring property values, increased demand, and potential inflation in housing markets. Experts suggest that implementing differential taxes—charging higher rates on investment properties—might balance growth and affordability.