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Real-Estate Industry Blasts ‘Pied-à-Terre’ Tax on High-Value Second Homes

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Some in the real-estate industry say that a planned new tax on high-value second homes in New York City would raise far less money than projected

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 /  🏆 98. in SE
 

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Sir may I help for more people creative drinking water

Of course it has on every city it has been implemented

Plenty of retirees barely making ends meet btwn their sublets and pension income, if any. Sure, tax tf out of them. Why not. 🤔😒 SundayThoughts RealEstate nycrealestate pension NYC quotestoinspire

No kidding

it’s still the right thing to do you bootlickers

And probably lose it at that by the members leaving

So...the tax is too low?

Wealthy would rent or simply wouldn't buy. Either way, homes 5M+ will get their values clobbered.

AOC likes to talk about externalities. Does she and other Democrats also know that the law of unintended consequences is in this same bucket?

The real-estate industry has nothing to worry about. Plenty of pols and advocates would rather tax small businesses and the middle class anyway.

They ought to get back the 3/4 billion dollars ole Bill’s wife can’t seem to find.

Thanks for the input, we’ll have to raise that tax even higher

Let me guess since I cannot read past paywall. People will simply not buy second homes in NY. When are these tax happy politicians going to realize people will elect to take their money elsewhere?

Those people are stupid.

Oh, no way, the real estate industry says that? They seem neutral.

Some says WSJ=FOXNEWS ?

So failed politicians that don’t know how to balance a budget want to take peoples money because of their failed policies ... this is what Democrats do overspend over tax

Taxation until the people are gone. Who would’ve thought?

no kidding!!!!!

Sverige Senaste nytt, Sverige Rubriker