The bold property tax plan in Desantis may make Florida the paradise of the buyer for home owners

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On the roof, not to pay property taxes may seem great. However, real estate experts In the shining state of the sun It appears to be contrary to the case.

State Governor Ron Desantis recently doubled the abolition of property taxes completely, a step that would crown Florida as the only American region that does not have a state tax or property tax, and promotes to the level of the title of “free state”. Although many may consider the decrease in taxes as an attractive play, there may be unintended consequences.

“I don’t see how this can hurt anyone who will vote to pass it, but again, everything will reach exactly what is affected, because I know that this money needs to be replaced somehow, somewhere by someone,” said Phil Gutman, head of the Fox News Digital communication company.

“I am an original fluoride, and I think we have created an environment that is among the best in the entire country as much as the friend’s balance and lifestyle, and it is necessary to maintain this feature that we have,” said Podge Hoski, President and CEO of Premier Sother Digital Digital.

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“But at the same time, you should be responsible, and you must rely on real numbers.”

Florida's house with palm trees next to Ron Desantis

Florida Governor Ron Desantis suggested canceling property taxes in March 2025. (Getty Images)

Legislators are said to evaluate a number of changes to the state housing structure, including the $ 500,000 house exemption (a maximum of one million dollars for the elderly), which increases property evaluation by 15 % and eliminating property taxes completely.

Desantis said in The original press statement. “Constitutional protection for home owners in Florida requires the approval of the voters in 2026. Meanwhile, Floridian needs relief. Today I propose a plan that will lead to – average – 1000 dollars of checks for each house as a discount on their real estate taxes.

Desantis office put the proposal in March, and Since the veto A study on property taxes that evaluate how local governments use tax revenues and what happens if they are reduced. US MP Greg Stopy, R-FLA, said he supports the veto in “Al-Sabah with Maria”, on Tuesday, because he will reveal “what we already know.”

“It was annoying to me to pay property taxes since I bought a house. So, it is clear that it seems great and it seems great. I followed him closely. I know that there are still many details that I suggested,” Gutman’s reaction was. “I have received a lot of calls, many questions from customers, potential buyers, and many people from the northeast, and all over the country, on this matter, ask my thoughts about and what is the possibility of something like that. So for me, I welcome it a lot. I think it will be great.”

“It really creates a perfect storm for the buyers to immerse completely,” he added. “Why don’t you want to move here at that point?”

“I think we are all of the same mindset that low taxes are better as long as it has been made through a reasonable methodology, and it actually allows the necessary investments to maintain the quality of life, which is also a major aspect to attract future residents or eliminate the property tax at least by the alternative through drafting by formulating means means.”

Florida Politics Institute Reports that property taxes generate $ 55 billion annually and represent 18 % of province’s revenues, and 17 % of municipal revenues and up to 60 % of public education funds. The group estimates that the Florida sales tax may need to increase from 6 % to 12 % to calculate the loss of potential property tax.

“When you look at the amount of revenues collected in property taxes within this state and the implications of the incidents, if mathematics is wrong in any of this, especially in the absence of clarity in relation to alternative financing, to indicate that an investment of $ 1,000,000, which is considered the farthest view of what we look at in terms of return, does not feel confident or reported business.”

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“It seems that people do not want to get a well -thought and well -thoughtful basis in decisions.”

During an interview with Fox News Sean Hanity last week, the governor of Florida “Entry tax” disturbed For a new wave of population that can be seduced by zero property taxes in order to compensate for the loss of revenue.

“For the real estate world, it does not benefit or negatively affect any form. It is clear that it depends on the amount of this entry tax,” said Gutman. “At some point, you should be fine with payment of a kind of fees and entry tax or anything that requires access here.”

“From the point of view of real estate sales in general, it will be largely positive,” Hoski pointed out. “However, I think that in order to try to compensate for any type of entry tax, it should be () almost at a high level based on the current migration we have. We are not facing the same levels of immigration that we had during Covid with any extension of the imagination.”

“Who will build the roads? Who will fund (the police)? Who will finance education? Who will do all the things that must be done to get a fruitful society?” Huskey was also launched. “It is due to the fact that everyone wants less taxes, but it must be a strategy.”

“We have created an environment that is among the best in the entire country as much as the friend’s balance of business and lifestyle, and it is necessary to preserve this feature that we have.”

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“I don’t think he will do anything that will make the roads less safe, and education is worse. It is not this type of ruler.” “He really cares, in my opinion, about people and Florida. So he will not do anything that will have a negative impact from Jacksonville.”

In addition, both executives in the industry dealt with concerns that this proposal is not proportional to the richest population of the region.

“When you transfer such a law and remove property taxes, it is clear that he will benefit many people who really did not need this benefit from starting, right? But this is just a really small percentage of people who will be affected positively … something like this is a really wide blow in all parts of the state.

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“I tend to believe that it is a very popular form of tax because in the end, the burden will fall on a percentage of those who have more limited means,” said Hoski. “Eliminating property taxes mainly mobilizes municipalities of any type of local decisions regarding financing.”

“I support a lot of comprehensive studies to study what is the best methodology for raising revenues in the state and whether this involves a decrease in property taxes as part of the mixture … At the end of the day, I am a businessman. I run a big company. I know the numbers. I want to show me the numbers instead of being in the absence of betting.”

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