NATIONAL

The U.S. Is Running Short of Land for Housing
WSJ
In the Sunbelt, the hottest commodity isn't oil, copper or gold. It is land. And rancher Robert Thomas has plenty of it. Mr. Thomas's family owns about 11,000 acres of ranchland northeast of Tampa, Fla. His grandfather, who owned newspapers and ran a minerals-exploration business, bought much of it for 10 cents an acre in 1932.

IOWA

Polk County sees major growth in taxable value of property
AXIOS
The taxable value of property among Polk County cities grew more than 160% in the past two decades, according to an analysis by Axios using Iowa Department of Management data. It's now nearly $30 billion.

NEW YORK

48 Kroemer LLC to withdraw application after failing to receive full IDA benefits
Riverhead News Review
48 Kroemer LLC, a trio of businesses that had sought to move its operations to a site on Kroemer Avenue in Calverton, has now withdrawn that application following a Riverhead Industrial Development Agency ruling on the company's request for tax abatements.

TEXAS

They saved to buy their own mobile homes. Then the land beneath them was sold to an investor.
Texas Tribune
Carolina Velarde lived in the cream-colored, two-bedroom mobile home on lot 15 her entire life. She attended elementary school a 10-minute walk down the street, and remembers hunting for Easter eggs with her two sisters in the woods surrounding their mobile home park in South Austin long before the trees were cut down to make way for new apartment complexes.

As inflation skyrockets, local Texas governments ponder tax rate increases as they balance budgets
Texas Tribune
Allen and thousands of other local government officials across Texas entered this year's budget season facing historic rates of inflation along with severe labor shortages. Complicating the budget process, counties and other taxing bodies say they can't raise taxes to cover the growing costs of employee salaries and raw materials because their hands are tied by public pressure and recent legislation.

Robstown, commissioners agree to tax breaks for Tesla
kiiitv.com
Nueces County commissioners approved Monday a reinvestment zone for the area where Tesla is eyeing to bring a lithium plant to the Coastal Bend. The approved reinvestment zone, allowable under Chapter 313 of the tax code, will allow Robstown ISD to enter a limitation agreement with the electric car maker.

VIRGINIA

After-sticker shock: Wise County official says new car shortage contributed to higher assessments
Times News
It may be a seller's market for cars, but it may also be a tax assessor's market. Wise County Commissioner of Revenue Doug Mullins Jr. said Monday that personal property tax tickets sent to county vehicle owners in September actually showed an increased value for many vehicles.