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Property Taxes Weigh Heavily On Floridians

Sunday, 03. June 2007

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In a special session from June 12 – 22 state lawmakers will attempt to create tax reforms aimed at correcting a system that has been blamed for making the American dream of owning a home to expensive for many Floridians.

 

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Property values in Florida have skyrocketed in recent years. But watching your home appreciate can be surprisingly disconcerting for some homeowners. Property taxes are a function of property value. While the housing market in Florida has enjoyed an incredible boom in recent years homeowners on fixed incomes are struggling to keep pace.

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