The Looming Threat to Housing Affordability: Why We Must Act Now

by James Lynch

Today, we stand at a critical juncture where our state legislators are contemplating a bill that could potentially devastate our housing market and economy. The proposed legislation seeks to impose taxes on homeowners, a move that could further diminish housing inventory and escalate housing costs. Such a decision not only sets a perilous precedent but also jeopardizes the fundamental fabric of our communities.

In recent times, the housing crisis has been an ongoing concern, with many struggling to find affordable and suitable housing options. While there are existing mechanisms and reforms that could address these issues, some communities have opted for a different path – one that could exacerbate the very problems they seek to solve.

Communities advocating for these new taxes have a history of hindering housing development and rejecting available affordable housing funding. Instead of embracing solutions that promote inclusivity and diversity in housing, they are clinging onto outdated policies that safeguard the status quo. This shortsighted approach not only restricts housing options but also undermines the principles of fairness and equality.

Now is the time for action. We cannot afford to remain passive spectators while our housing market faces an imminent threat. It is imperative that we voice our concerns and stand against these harmful laws.

What You Can Do:

1. Reach Out to Your Legislators: Take a few moments to email your State Senator and Representative. Urge them to oppose the proposed bill and advocate for policies that prioritize housing affordability and inclusivity.

2. Spread Awareness: Share this message with your friends, family, and colleagues. Encourage them to join the cause and make their voices heard.

3. Stay Informed: Keep yourself updated on the latest developments regarding housing legislation in our state. Knowledge is power, and staying informed allows us to effectively advocate for change.

Together, we have the power to shape the future of our housing market. Let us unite in our efforts to protect the rights of homeowners and ensure that everyone has access to safe, affordable housing.

LINK to the FORM

Action Center

Legislators are considering a bill that would further reduce housing inventory and raise housing costs in the state by taxing homeowners. Allowing these new taxes would set a dangerous precedent that would damage the housing market and our economy.

As the email to Legislators explains, communities seeking these taxes have blocked housing development and refused available affordable housing funding for decades. Instead of righting these wrongs through existing funding mechanisms and zoning reforms, they want new taxes that protect the status quo, drive down inventory and prevent housing diversity and inclusivity.

TAKE ACTION NOW and send an email to your State Senator and Representative. YOUR PARTICIPATION IS ESSENTIAL to preventing these harmful laws.

Have questions? Contact Jonathan Schreiber, MAR Legislative and Regulatory Counsel