Local governments are sinking further into debt, but after years of talk, officials have yet to introduce a real estate tax.
Tag: Property Taxes
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The Elusive Fix for China’s Budget Crisis
Property taxes would help local governments that are sinking further into debt. But after years of talk, officials have yet to introduce a real estate tax.
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Stress Builds as Office Building Owners and Lenders Haggle Over Debt
The health of banks and cities and the nation’s economy could hinge on high-stakes negotiations over commercial real estate loans.
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‘The Era of Urban Supremacy Is Over’
Many of the nation’s major cities face a daunting future.
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The Prophet of Urban Doom Says New York Still Has a Chance
The business professor who warned that the city might be caught in a ‘doom loop’ suddenly finds himself famous.