https://eyeonhousing.org/2023/09/property-tax-revenue-climbs-while-income-tax-receipts-decline-sharply/ National Association of Home Builders Discusses Economics and Housing Policy Thu, 02 Nov 2023 16:40:53 +0000 hourly 1 https://eyeonhousing.org/2023/09/property-tax-revenue-climbs-while-income-tax-receipts-decline-sharply/#comment-2217604 Thu, 02 Nov 2023 16:40:53 +0000 https://eyeonhousing.org/?p=34069#comment-2217604 Increasing property tax revenue might indicate a stable real estate market, potentially encouraging lenders to offer favorable terms for construction loans. However, the sharp decline in income tax receipts could signify economic challenges, leading to cautious lending practices. Lenders might assess borrowers more rigorously, affecting approval rates and terms for construction loans in response to the changing economic landscape.

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