08/10/2026
When I’ve been out door knocking, one of the top issues I’ve been hearing about are Property Taxes and the rising price of housing
While the skyrocketing prices of housing is great for Private Equity groups who have been buying up single family homes, it has been terrible for everyone else.
Voters have told me of these Private Equity groups scooping up affordable houses while they were house hunting, with offers of cash payments that potential homeowners can’t compete with. The scarcity of available homes drives up the prices even more, along with property tax values of homes that aren’t for sale.
This means that not only can new families not afford to buy homes to live in, but seniors, who have paid off their homes years ago and lived there for decades, are now being driven out of their homes as their fixed incomes can’t keep up with the rapidly rising property taxes.
More people that can’t afford a house mean more people having to rent, and that increased demand for rentals drives up that price as well, giving more money to the Private Equity groups that bought up the houses in the first place.
It’s a vicious cycle and it needs to be broken, both by stopping these groups from buying up homes in our communities and by providing property tax relief to homestead properties, including farmland where the farmer lives on the property.
This tax refund is a great start in that direction, but not nearly enough homeowners know about it. The deadline is August 15th, so if you haven’t already applied, I strongly urge people to take advantage of it!
DEADLINE: Property Tax refund applications are due by August 15th! This year the Senate DFL secured $125 Million in property tax refunds for Minnesota homeowners, bringing the average refund to $1,600.