April 2, 2025 - 12:36
The American Seniors Housing Association has teamed up with 16 other organizations within the real estate sector to voice strong opposition against proposed tax increases targeting the industry. This coalition emphasizes the potential negative impact that such tax hikes could have on the housing market, particularly in the senior living sector.
Members of the coalition argue that increased taxation would hinder investment in real estate, ultimately affecting the availability and affordability of housing options for seniors. They assert that a stable and supportive tax environment is crucial for fostering growth and development within the real estate market.
The coalition is calling on lawmakers to consider the long-term consequences of these proposed tax changes, urging them to prioritize policies that promote economic stability and support the needs of aging populations. As discussions continue in Congress, the coalition remains committed to advocating for a balanced approach that safeguards the interests of both the real estate industry and the communities it serves.
