Daryl Fairweather – Property Taxes, Housing Affordability, and the American Housing Market

Introduction to Assessment Matters podcast 00:00Daryl’s bio and big ideas 00:35Daryl’s experience in behavioral and housing/land economicsHow does land use and land taxation make housing so unaffordable in the US?How does property tax policy affect housing? 1:52Taxes matter a lot, especially in states such as CaliforniaRestrictive zoning and Prop 13 (property tax caps) make housing less affordableDevelopment is penalized by property taxation that includes improvementsSame flaws with zoning and property tax regimes observed all over the USThe state of the US housing market 5:24Housing shortage and affordability crisis started well before the COVID-19 pandemicInterest (and mortgage) rates plus pandemic migration patternsRegional variations in the USIs it a good time to buy a home?What are the changes needed to make housing more affordable? 10:36Eliminate single-unit and other restrictive zoningLand value tax policyGet ahead of the issue in states that are not as far gone as places like CaliforniaHow to contact Daryl 12:12Substack: https://hatethegame.substack.com/Twitter: https://twitter.com/FairweatherPhD