The Florida GOP led by Gov Ron DeSantis has failed Floridians with a property tax scheme that would decimate cities/towns & shift local authoritiesโpower to Tallahassee
While the real problem
Is homeownerโs insurance .. the very companies that donate multi millions to the gov and legislature to look the other way
โ in Florida, where individual and collective fortune is built on property value and housing markets, insurance markets are particularly vital
Without insurance, you and I wouldnโt be able to get or keep a mortgage
Without mortgages buyers would lose access to a market, causing home prices to fall
The real estate market and all the jobs wound up in it , would stutter
The property tax base would fall and with it , local governmentsโ budgets would drop
A downward financial spiral ensuesโ