The COVID-19 pandemic reshaped the office market. As the pandemic unfolded, widespread adoption of remote work led to a dramatic increase in office vacancies.

Labor shortages have plagued most real estate sectors since the great financial crisis. The US housing market has faced a shortage of housing supply over the past decade, contributing to a steady decline in housing affordability.

Property taxes create a burden for homeowners that can be particularly problematic when there are surprises in the amount owed. This property tax risk can lead to financial distress and sometimes foreclosures.

Work-from-Home (WFH) technology is reshaping our urban landscapes and economies. It’s creating a ripple effect across diverse worker categories, including those tethered to physical workplaces, hybrid workers, and fully remote workers.

The meeting focused on property taxes, school funding, and fiscal policies. Additional topics focused on intricacies of property taxes in Utah, impacts on housing affordability, and tax policy fairness and effectiveness.