4 ms·
In the NYC case the property taxes go the other way. A rental unit is taxed at a much higher rate than an equivalent condo. Nonetheless the effect you point (sp
by bradleyjg 6y ago
In the NYC case the property taxes go the other way. A rental unit is taxed at a much higher rate than an equivalent condo. Nonetheless the effect you point (speculation) is so strong that renting still comes out ahead.