Local Tax Fight: Florida’s proposed property tax cut could cost cities, counties and special districts nearly $5B in the first year and about $12B by year five, with homestead owners initially benefiting while non-homestead owners (including businesses and vacation homes) see later relief. Market Pulse (UK): UK house prices rose 3.8% year-on-year in April to £270,000, but experts say it’s more “treading water” than a rebound as Iran-war-driven mortgage rate pressure keeps buyers cautious. Affordability Pressure (US): A new report argues federal policy is being blamed for pushing up property prices, raising fresh questions about who benefits as affordability worsens. Housing Costs (US): Energy prices jumped 23.5% over the past year, squeezing renters and young workers—another cost pressure that can hit homebuying plans. Deals & Listings: NYC saw major trades including a $16.5M Lenox Hill townhouse and a nearly $10M Upper East Side condo. Construction Reality Check: NAHB warns a worsening labor shortage is tightening supply and raising new-home costs, keeping the affordability crisis stubborn. Community & Policy (Hawaii): Hawaii County advanced “Aina Kupuna,” a plan to let generational landowners pay minimum property taxes for 10 years to avoid being priced out. Tech Meets Real Estate: Google.org pledged $50M to train 300,000 Americans for skilled trades tied to infrastructure demand.