The owners of luxury properties in England valued at more than £2 million ($2.6 million) are facing new surcharges of at least $3,300 beginning in 2028. The BBC reports the new “mansion tax” comes on top of the existing council tax and will be divided into four bands....
Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 18-22. Miss: Soaking...
A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. From the wild and wooly world of real estate, here are our Hits and Misses for the real estate week of July 1-5. Hit: MrBeast to the Rescue. The...
A new effort is underway to bring a mansion tax to Connecticut. CT Mirror reported State Sen. Martin M. Looney, a Democrat representing New Haven, is planning to put forth a mansion tax proposal when the state legislature reconvenes in January 2025. Looney, who is...
The Democrat-controlled Massachusetts House of Representatives has dropped Gov. Maura Healey’s “mansion tax” proposal from the housing bond bill that will be voted on this week. The State House News Service reported the $4.1 billion housing bond bill moved by the...
Mortgage Rates Reach 7.40%, Highest Since November 2023
