Land Value Tax Analysis: Simulating Effects in Multnomah County
Prior measures to limit property tax growth in Oregon have created inequitable tax burdens. Recognizing that adoption of a land value tax (LVT) might bring some relief to lower income residents while encouraging desired infill development,
RSF funded the Northwest Economic Research Center (NERC) to simulate the localized economic impacts of implementing LVT.
NERC’s findings supported the conclusion that implementation of LVT within the study area could be expected to produce significant, positive effects – a finding with potentially significant implications for one of the most costly housing markets in the country.
To see more details click on the report below.