Housing problems in London serve as a warning for NYC as Mamdani considers a second-home tax

The struggling luxury housing market in London is raising alarms for New York, particularly as Mayor Zoran Mamdani advocates for a pied-à-terre tax. Critics are concerned that this could lead to a similar outflow of affluent homeowners. In London, a series of tax increases on second homes has cooled a formerly vibrant market, causing property […]
Numerous landlords in Montana have not submitted filings to escape the second-home tax.

Montana Rental Homeowners Face Tax Deadline With the March 1 deadline nearing, data from the Montana Department of Revenue indicates that about 75% of rental property owners in the state have not yet applied for exemptions meant to shield their properties from significant tax hikes when the new second home tax takes effect in this […]