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Florida Just Passed a Massive Property Tax Cut — Here’s What It Really Means In today’s rant, we break down the bill that just cleared the Florida House: a major reduction (50-60% savings) on the non-school portion of property taxes. It still needs Senate approval + a November 2026 voter vote, but Governor DeSantis wants to go all the way and eliminate property taxes completely. From Florida to Portland, Oregon (especially Forest Heights), skyrocketing property taxes are killing home affordability and stalling sales. We’re talking $1.5M homes with $22k+ annual tax bills that have doubled in just 5 years in parts of Florida — and Oregon is hitting a breaking point too. Key topics covered: • Why full elimination is possible • Bloated school administration vs. actual teachers • Home insurance costs now rising faster • Real estate = America’s #1 wealth-building asset (35% of household net worth) • Renters want prices to crash… homeowners want stability • Why property taxes should be capped just like rent controls. I’m rooting hard for Florida to lead the charge — whether it’s 60% or 100% relief. Other states (including Oregon) need to watch and follow. Full elimination or 50-60% cut — which would you take? Portland/Oregon real estate questions? DM or call me anytime. #PropertyTaxReform #FloridaRealEstate #OregonRealEstate #HomeAffordability #PortlandHomes English / @shawnrealty 한국어 / @korean-realtor Let's talk! Shawn Yu @ShawnRealty Direct 503-515-4499 Shawn Realty is a local real estate company, located in Portland Oregon.