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Chinese President Xi Jinping’s new policy goal of “common
prosperity” is the subject of keen interest and vigorous debate. The
Chinese government has imposed sweeping regulations on Big Tech
platforms, private education, the gaming industry, and media
entertainers under the slogan of “adjusting excessive income.” Now,
attention is focusing on whether the Chinese government will target the
real estate market, the nexus of inequality in the country. Chinese
authorities have placed a 5 percent cap on rent hikes and taken measures
aimed at tamping down the demand for homes in good school districts,
known as “xuequfang” in China. But many experts think the litmus test
for Xi’s common prosperity is whether China will impose inheritance and
property taxes. Read more
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Google pays over
$2 billion for New York City office building
Internet
search giant Google is buying the St. John’s Terminal building in
Manhattan’s Hudson Square for $2.1 billion, the company announced on
Tuesday morning. During the pandemic, Google, Twitter, Facebook, and
others called for their people to work from home. However, with recent
announcements regarding the purchase, leasing and building of offices by
Facebook, Amazon, and Alphabet, we can't take the “everyone is going to
work-from-home” trend as a done deal. Read more
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Boston’s famous 10-foot-wide ‘Skinny House’ sells for $1.25 million
Boston's
famous ‘skinny house’ built amid a Civil War-era family feud has sold
after roughly a month on the market for $1.25 million. The single-family
home is only 10 feet wide and 30 feet long with 1,165 square feet of
space spanning four floors – and a roof deck with views of the Boston
Harbor – all on 0.03 acres. Read more
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IAAO NEWS
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Proposed Bylaws changes, candidates on ballot
Several changes to the IAAO Bylaws have been approved for the ballot in
November, including: (1) a change to the Association’s mission, (2)
updating the professional conduct rules, and (3) establishing the
President-Elect as Treasurer in addition to serving as Chair of the
Finance Committee. Elections take place Nov. 1-15, via email, and
regular members will vote on candidates for President-Elect, Vice
President, and Region representatives, along with whether to approve the
proposed changes to the Bylaws. Associate members will vote only on the
candidates for the Associate Board member. The proposed Bylaws are
available to download in a clean version to review, along with a
marked-up version showing highlighted additions and strikethroughs
indicating removed text. The ballot will ask members to approve the
revised document in its entirety. Read more
2021 Conference session PDFs, CE Forms, and photos now available to view
Copies of the speaker presentations from most sessions from the 2021
IAAO Annual Conference are now available to registered attendees to
download from the Research Exchange website. In addition, updated Uniform Request for Recertification Credit form
reflecting session additions and cancellations for the 2021 IAAO Annual
Conference is available to download from the IAAO website. Total
continuing hours have been posted for onsite attendees, and after Sept. 30 for virtual attendees. There is also a gallery of photos from the three-day conference. Photos are available to buy online from the photographer. Read more
Workshop 411 on healthy workplace incorporates DEI components
IAAO Workshop 411, Building a Healthy Workplace Culture,
examines how each of us affects our work environment. Ideally, our
workplace is one where we feel physically and psychologically safe to
perform at our best. Workshop 411 identifies situations that negatively
impact a workplace, as well as positive strategies we can take to create
the healthy work environment we all need. The workshop also covers
federal and state laws providing protection against harassment and
discrimination. The workshop is free for members and $119 for
nonmembers. IAAO is also looking at expanding training surrounding
diversity, equality, and inclusion and to gauge interest please answer
the two-question, 30-second survey through the link below.
Limited seats left for Mass Appraisal Practices and Procedures course in October – register today
A
limited number of seats remain, and registration closes soon, for
Course 331 (Mass Appraisal Practices and Procedures) which will be
offered live online beginning Oct. 4. The course is designed to build on
the subjects covered in Course 300 and prepares students to take the
more advanced mass appraisal courses. The course teaches the student how
to analyze and apply data and much of the emphasis will be on data
accumulation and analysis, primarily directed toward the cost approach.
Students also learn how to use the graphing and analysis tools within
Excel for ratio studies in addition to supporting existing cost
schedules or building new ones. The course involves four days of virtual
classroom instruction and a final exam. More information
December Legal Seminar CLE deadline is Oct. 1
The
IAAO Annual Legal Seminar is Dec. 2-3 in Fort Lauderdale, Florida, and
IAAO will seek approval for continuing education credits for states that
are requested by Oct. 1. The seminar will cover legal topics of
interest to members of the assessment and property tax industry.
Registration fees are $500 for members and $700 for nonmembers until
Nov. 1 and then increase to $550 and $750. The seminar will take place
at The Dalmar Hotel and attendees may reserve by Nov. 1 for $195 per
room, based on availability. IAAO professional designees can earn
recertification credit (13.5 hours) for attending the seminar. Read more
Effective leader workshop in November
The
Emotionally Effective Leader Workshop is moving to November to allow
additional members to participate. Originally set for September, the
workshop will now take place Nov. 3, 4, 17, and 18. The programs will
run from noon to 4 p.m. Central, and registration is now open. The
program topic will be "Building Diversity, Equity and Inclusion From a
Foundation of Emotional Intelligence." The workshop provides attendees
with a deeper understanding of Emotional Intelligence as well as a key
set of tools to be the well-rounded leader. The cost to register is $225
for IAAO members and $365 for nonmembers. The deadline to register is
Friday, Oct. 15. More information
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IAAO CONNECT CORNER
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IAAO
Connect members are talking about the various advantages and
disadvantages between being an elected assessor vs. being appointed. Read more
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AROUND THE INDUSTRY
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U.S.
homeowners enjoying historic gains in the value of their property will
likely face a hit next year through a higher tax bill. Property taxes –
up the most in 15 years in 2020, according to recently released Labor
Department data – will likely see even sharper jumps this year. The
median price of previously-owned, single-family houses set new highs
last year, and have climbed even more in 2021, which could haunt
homeowners when the bills come due. Read more
The
head of the Cook County wastewater treatment board announced Monday she
hopes to oust Assessor Fritz Kaegi, pledging to bring stability to the
property tax assessment office. Kari Steele, the president of the
Metropolitan Water Reclamation District, launched her Democratic primary
challenge to the county assessor in a video released Monday, arguing
that Kaegi has “been long on promises but short on results.” Read more
Former
U.S. President Donald Trump paid just $700 in property taxes last year
for the 119-acre portion of his Bedminster, New Jersey golf club that’s
registered as a working farm. The trick? Trump occasionally invites
goats to chow down on the chunk of New Jersey he bought in 2002. Read more
Harvey
Oreck owns a house on the East Side of Vancouver. The residence at 3422
Triumph Street has a 2021 assessment of $2,899,000, with $1,602,000 for
the land and $1,297,000 for the structure. For Oreck, this was not high
enough. The owner believes his property is worth much more. Oreck
thinks his house should have an assessment of $3,975,000, $1,076,000
more than its official assessment. And so, Oreck asked the provincial
Property Assessment Appeal Board (PAAB) to increase the assessment of
his house to $3,975,000. Read more
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+ Sanford, Florida
Real Property Appraiser, Seminole County Property Appraiser See more
+ Fairfax, Virginia Real Estate Appraiser I, Fairfax County Government See moreReal Estate Appraiser II, Fairfax County Government See more
+ Santa Rosa, CaliforniaBusiness Property Auditor-Appraiser I, County of Sonoma See more
+ Hastings, Michigan Director of Equalization, Barry County See more
+ Kiawah Island, South Carolina Director of Finance-CPA, Kiawah Island Community Association See more
+ Ontario, Canada Manager, Centralized Properties, Municipal Property Assessment Corporation See more
+ Sarasota, Florida Commercial Appraiser, Sarasota County Property Appraiser See more
+ Santa Rosa Beach, Florida Commercial Appraiser, Walton County Property Appraiser See more
+ Fort Lauderdale, Florida Commercial Appeals Specialist, Broward County Property Appraiser See moreAppeals Senior Appraiser-MAI Certified, Broward County Property Appraiser See more+ Racine, Wisconsin
+ Anchorage, Alaska Appraisal Analysts, Municipality of Anchorage See more
+ Manning, South Carolina
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International Association
of Assessing Officers
314 West 10th Street
Kansas City, Missouri 64105
816-701-8100
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Keith Robison
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