Luxury rentals surge in NYC despite drop in high-end home sales

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

The wealthy would rather “camp out” in a rental and wait for prices to drop than buy property in New York due to high taxes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The wealthy OWN that property already and PAY taxes to NYC! This is poor reporting...

So...? What’s your point?

Same in Sydney

Whenever Comrade Frank comes on, CNBC goes off.

Lol well duh who wants to pay taxes...

The wealthy created the outrageous property prices in NY in the first place.

makes perfect sense.

truth

is the safest place for you to tag your friends in news articles. We write and sell access to algorithms designed to combat misinformation. Follow us overlooked_inc

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in PROPERTY

Property Property Latest News, Property Property Headlines