Are you losing money paying property taxes?

When people are looking to buy a new home, they’ll often look at schools in the area, job opportunities, or crime rates. But they often don’t think to look for the spending pressure. What is spending pressure, and why is it important?

When the government spends money, it taxes the public’s goods, income, and real estate to fund that spending. Oftentimes, the services provided by government spending fail to compensate for the money the public has paid in taxes. This puts pressure on taxpayers who are now faced with a net loss in property value and nothing to show for the money they’ve surrendered to the government. 

Spending Pressure is like a clinical condition that permeates every town and every city in the country. However, some cities are more ill than others. For instance, Houston, Texas has a moderate spending pressure score of 61 while New York has a very high spending pressure score of 97. Wondering how to find the spending pressure in your own city?

Tools like www.statisnostics.com can help. By entering your address, you will be able to see your town’s spending pressure along with statistics on government spending, taxes, real estate, demographics, health, schools, and climate. You can also add a comparison address to see how your city shapes up to the rest of the country.