The 10-Minute Homeowner - Chris Cusimano

4. No Property Taxes in Florida? The Market Reaction No One Talks About

Chris Cusimano Season 1 Episode 4

What would actually happen if Florida eliminated property taxes?

In this episode, Chris Cusimano breaks down the real-world housing market consequences behind a proposal that sounds simple—but isn’t. While eliminating property taxes feels like it would make housing more affordable, real estate markets don’t respond to intentions. They respond to math.

Chris explains why buyers shop monthly payments—not prices—and how removing a major ownership cost would likely lead to a rapid repricing of home values. He also explores Florida’s unique “lock-in” effect created by Save Our Homes, and why eliminating property taxes could unlock inventory while simultaneously pushing prices higher.

Midway through the episode, Chris responds directly to a thoughtful message from a late Millennial listener, addressing the emotional reality behind the debate: the desire to truly own your home outright, the growing role of inheritance in homeownership, and why many younger buyers feel permanently locked out of the market.

The episode closes with a grounded discussion on renters, replacement taxes, and why many economists view full property tax elimination as regressive—before outlining more realistic paths toward improving access to homeownership for Millennials and Gen Z.

This is a fact-driven, non-political conversation about housing, fairness, and how policy choices actually play out in the real world.



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