return2ozma@lemmy.world to Progressive Politics@lemmy.world · 6 days agoHochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Millionwww.nytimes.comexternal-linkmessage-square9linkfedilinkarrow-up169arrow-down10file-textcross-posted to: [email protected][email protected]
arrow-up169arrow-down1external-linkHochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Millionwww.nytimes.comreturn2ozma@lemmy.world to Progressive Politics@lemmy.world · 6 days agomessage-square9linkfedilinkfile-textcross-posted to: [email protected][email protected]
minus-squareWomble@piefed.worldlinkfedilinkEnglisharrow-up4·6 days agoSelling their second home in NY (presumably to someone who will use it as their primary residence) is a win. NY has a housing avilability problem. Stopping people asset squatting is one of the main points for a tax like this, not a failure.
Selling their second home in NY (presumably to someone who will use it as their primary residence) is a win. NY has a housing avilability problem. Stopping people asset squatting is one of the main points for a tax like this, not a failure.