Groups says spiking property values could push businesses out of Houston, state (Houston Chronicle)

Photo Courtesy of Houston Chronicle

Photo Courtesy of Houston Chronicle

By Erin Mulvaney

The Texas Building Owners and Managers Association say “unpredictable and uncontrolled” increases in property values put significant  burdens on the state’s businesses and could lead to many leaving Houston to avoid the appraisals.

The group has launched a statewide initiative “Taxed out of Town” to push for appraisal reform, according to a recent statement from the advocacy organization, which represents commercial properties in Texas.

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