This article by Brad Thomas highlights differences in how recessions affect real estate as compared the overall economy, focusing on the eighteen year real estate cycle originally identified by Homer Hoyt
New Jersey, Illinois, Texas, Vermont, and Connecticut had the highest property tax rates in the nation in 2018, according to ATTOM Data Solutions. Attom performed its 2018 property tax analysis using data for more than 87 million U.S. single family homes, and it showed that property taxes levied on single family homes in 2018 totaled $304.6 billion, up 4% from $293.4 billion in 2017 and an average of $3,498 per home — an effective tax rate of 1.16%.
The 2019 update of Demographia World Urban Areas, just released, provides population, urban land area, and average urban density estimates for the known 1,072 urban agglomerations with 500,000 or more residents (called “larger urban areas: in this article). The report can be downloaded here.
At least 11 million people in India risk being uprooted from their homes and land as authorities build highways and airports and cordon off forests, activists said on Tuesday, undermining a government push to provide housing for all citizens by 2022. The estimate includes about 1.9 million indigenous families whose land claims under the Forest Rights Act have been rejected, said advocacy group Housing and Land Rights Network (HLRN).