#nonresident-surcharge

[ follow ]
SF politics
fromStreetsblog California
1 day ago

Bill to Exempt L.A. from Housing Density Near-Transit Bill Heads to the Senate Housing Committee Tomorrow - Streetsblog California

Senate Bill 1361 aims to exempt L.A. Metro from state density mandates near transit stops, amid local opposition to previous legislation.
Silicon Valley real estate
fromEngadget
8 hours ago

Monterey Park, California has banned any data centers within its city limits

Monterey Park has permanently banned data center construction, citing public nuisance concerns and community pushback against a proposed facility.
LA real estate
fromtherealdeal.com
2 hours ago

Coalition led by Miguel Santana recommends mansion tax tune-up

Miguel Santana leads a coalition to amend Measure ULA, aiming to improve the mansion tax while opposing a statewide tax-limiting initiative.
#new-york-city
NYC politics
fromwww.amny.com
1 day ago

NYC's economic resilience' masks a deeper crisis involving fleeing residents and taxable income: new report

New York City's economy shows growth, but faces challenges like population decline, rising housing costs, and reduced public school enrollment.
New York City
fromtherealdeal.com
6 days ago

Death by a thousand cuts: real estate reacts to governor's pied-a-terre tax proposal

A proposed tax on second homes over $5 million aims to raise $500 million for NYC's budget but may harm the housing market.
New York City
fromFox News
6 days ago

'We're taxing the rich': NYC Mayor Mamdani touts new $500M-a-year tax on luxury second homes

New York City proposes a tax on luxury second homes to generate $500 million annually for city services.
New York City
fromwww.amny.com
6 days ago

Hochul proposes tax on luxury second homes in NYC; Mamdani and Menin approve | amNewYork

New York City may impose a property tax surcharge on non-primary residences valued at $5 million or more to generate $500 million annually.
NYC real estate
fromwww.amny.com
6 days ago

Expert Analysis | Creating housing from public library and city-owneddevelopment rights | amNewYork

New York City Council Speaker Julie Menin advocates for proactive land use planning to address housing and affordability issues.
NYC politics
fromwww.amny.com
1 day ago

NYC's economic resilience' masks a deeper crisis involving fleeing residents and taxable income: new report

New York City's economy shows growth, but faces challenges like population decline, rising housing costs, and reduced public school enrollment.
New York City
fromtherealdeal.com
6 days ago

Death by a thousand cuts: real estate reacts to governor's pied-a-terre tax proposal

A proposed tax on second homes over $5 million aims to raise $500 million for NYC's budget but may harm the housing market.
New York City
fromFox News
6 days ago

'We're taxing the rich': NYC Mayor Mamdani touts new $500M-a-year tax on luxury second homes

New York City proposes a tax on luxury second homes to generate $500 million annually for city services.
New York City
fromwww.amny.com
6 days ago

Hochul proposes tax on luxury second homes in NYC; Mamdani and Menin approve | amNewYork

New York City may impose a property tax surcharge on non-primary residences valued at $5 million or more to generate $500 million annually.
NYC real estate
fromwww.amny.com
6 days ago

Expert Analysis | Creating housing from public library and city-owneddevelopment rights | amNewYork

New York City Council Speaker Julie Menin advocates for proactive land use planning to address housing and affordability issues.
#data-centers
US politics
fromFuturism
3 days ago

City Council Wrecked in Voter Bloodbath After Allowing New Data Center

Residents in Festus, Missouri ousted half their city council after approving a $6 billion data center against public will.
US politics
fromFuturism
3 days ago

City Council Wrecked in Voter Bloodbath After Allowing New Data Center

Residents in Festus, Missouri ousted half their city council after approving a $6 billion data center against public will.
#housing-policy
NYC real estate
fromCity Limits
1 day ago

Opinion: The Cost of Delay, And Why SEQRA Reform Matters For New Yorkers

The State Environmental Quality Review Act often hinders housing development, increasing costs and delays that negatively impact New Yorkers' access to affordable housing.
NYC real estate
from48 hills
5 days ago

The best and worst of CA housing policy, on display at UCLA conference - 48 hills

The Yimby narrative on housing is challenged by evidence showing economic inequality, not regulation, drives high housing prices.
SF politics
from48 hills
3 weeks ago

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

ConnectedSF supports repealing Prop. I, claiming it stalls housing projects, but financing issues and market conditions are the real barriers to development.
Real estate
fromwww.housingwire.com
1 month ago

ROAD to Housing Act sparks debate over investor limits, inventory

The Senate approved a bipartisan housing bill that includes provisions to shift corporate-owned properties to individual homeowners through rent-to-own requirements, though critics argue it does not increase overall housing supply.
NYC real estate
fromCity Limits
1 day ago

Opinion: The Cost of Delay, And Why SEQRA Reform Matters For New Yorkers

The State Environmental Quality Review Act often hinders housing development, increasing costs and delays that negatively impact New Yorkers' access to affordable housing.
NYC real estate
from48 hills
5 days ago

The best and worst of CA housing policy, on display at UCLA conference - 48 hills

The Yimby narrative on housing is challenged by evidence showing economic inequality, not regulation, drives high housing prices.
SF politics
from48 hills
3 weeks ago

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

ConnectedSF supports repealing Prop. I, claiming it stalls housing projects, but financing issues and market conditions are the real barriers to development.
Real estate
fromwww.housingwire.com
1 month ago

ROAD to Housing Act sparks debate over investor limits, inventory

The Senate approved a bipartisan housing bill that includes provisions to shift corporate-owned properties to individual homeowners through rent-to-own requirements, though critics argue it does not increase overall housing supply.
California
fromwww.housingwire.com
1 day ago

Experts rebuff claim that California plans retirement account tax

California has not attempted to broadly tax retirement accounts, despite urgent warnings suggesting otherwise.
Real estate
fromwww.housingwire.com
1 day ago

The GPS for equity: Building the industry's first true navigation infrastructure

The mortgage industry must shift focus from speed to helping borrowers navigate complex financial decisions.
Fundraising
fromTruthout
1 day ago

A Data Center Is Getting a $77 Million Tax Break. It Promises to Create 1 Job.

JPMorganChase's data center expansion in Orangeburg received $77 million in tax breaks for only one permanent job, raising concerns about public money usage.
Healthcare
fromwww.npr.org
2 days ago

Real estate investors are buying up long-term care facilities. Residents can suffer

Pearlene Darby died from infections and bedsores after alleged neglect in a nursing home, leading to a lawsuit against the facility and its owner.
London politics
fromwww.bbc.com
2 days ago

Do Londoners feel their council tax is good value?

Many Londoners feel council tax is too high with unclear benefits, despite some acknowledging efforts in local services.
fromSnowBrains
3 days ago

Taxing the Mountain: Vail Resorts' Blended Sales Tax Angers New Hampshire Residents - SnowBrains

Vail Resorts disclosed that it would begin separately charging a blended sales tax of approximately 3.2% on all multi-resort Epic Pass products, framing it as a compliance realignment.
Snowboarding
Environment
fromFuturism
4 days ago

Man at City Council Meeting Makes Devastating Case Against Proposed Local Data Center

Growing public anger over data centers' environmental impact and resource consumption is prompting calls for moratoriums on new constructions.
New York City
fromwww.businessinsider.com
4 days ago

'NYC is cooked': Business leaders and Wall Streeters erupt over proposed luxury second-home tax

A proposed tax on second homes over $5 million in NYC faces backlash from wealthy homeowners and investors.
fromwww.berkeleyside.org
6 days ago

Layoffs, service cuts, sales tax hike: How Berkeley plans to close a nearly $30M budget deficit

Without the half-percent sales tax increase, which would generate an estimated $9 million per year for the city's general fund if voters approve it this November, Berkeley could face deeper cuts including shuttering a fire station, laying off police officers and reducing hours at city pools and recreation centers.
East Bay real estate
#pied-a-terre-tax
fromNewsday
6 days ago
NYC real estate

NYC pied-a-terre tax: What to know about Hochul's proposal for second homes worth $5 million or more

NYC real estate
fromHell Gate
5 days ago

Pied-a-Terre-orize the Rich

New York proposes a 'pied-Ă -terre tax' targeting luxury second homes valued at $5 million or more to tax wealthy out-of-towners.
NYC real estate
fromNewsday
6 days ago

NYC pied-a-terre tax: What to know about Hochul's proposal for second homes worth $5 million or more

New York Governor Kathy Hochul proposed a pied-Ă -terre tax on luxury homes to generate at least $500 million annually for the city.
#affordable-housing
fromFortune
3 weeks ago
East Bay real estate

Affordable housing is stuck in limbo thanks to a 'Made in USA' law that nobody can figure out how to follow | Fortune

Real estate
fromFast Company
3 weeks ago

The housing squeeze is quietly reshaping where Americans can live and work

Finding affordable housing is a significant challenge for various groups of renters in the U.S. economy.
fromThe Washington Post
1 month ago
US news

A state's rule for housing that promotes diversity is dividing neighbors

New Jersey municipalities face intense community backlash while implementing state-mandated affordable housing plans rooted in the 1970s Mount Laurel Doctrine requiring racial desegregation through housing development.
LA real estate
fromLos Angeles Times
6 days ago

Hundreds of affordable housing units funded by new L.A. County agency

L.A. County Affordable Housing Solutions Agency approved over $100 million for affordable housing, aiming to simplify funding and expedite construction.
fromFortune
3 weeks ago
East Bay real estate

Affordable housing is stuck in limbo thanks to a 'Made in USA' law that nobody can figure out how to follow | Fortune

Real estate
fromFast Company
3 weeks ago

The housing squeeze is quietly reshaping where Americans can live and work

Finding affordable housing is a significant challenge for various groups of renters in the U.S. economy.
California
fromKqed
6 days ago

'No Hope for Someone Like Me': Immigrants in California Pull Back From Filing Taxes | KQED

Immigrant communities in California face significant declines in tax filings due to shrinking refunds and distrust in the IRS.
Real estate
fromwww.housingwire.com
6 days ago

Chain reaction: A framework for America's housing and retirement crises

The American Dream faces challenges in homeownership due to affordability, inventory issues, and systemic policy failures.
#new-york
NYC politics
fromAP News
6 days ago

New York governor pitches a new tax on pricey pied-a-terres

New York Governor Kathy Hochul proposes a tax on multimillion-dollar second homes to stabilize city finances and generate revenue.
NYC real estate
fromGothamist
1 week ago

Hochul floats tax on NYC second homes worth $5M or more

New York Governor Kathy Hochul proposes new taxes on second homes worth $5 million or more to address fiscal challenges and equity in taxation.
NYC real estate
fromtherealdeal.com
2 weeks ago

Help for rent-stabilized landlords appears unlikely as Mamdani's board kicks off

Data on rent increases in New York reveals conflicting interpretations between tenant advocates and landlord groups regarding financial realities.
fromPadailypost
1 week ago

Health care sales tax campaign under investigation

The FPPC wants to know if county government funds were used on Measure A campaign mailers, following complaints from the Silicon Valley Taxpayers Association and Libertarian Party of Santa Clara County.
SF politics
California
fromStreetsblog California
1 week ago

Legislation Moving to Make It Easier to Build High-Rises Near Transit in CA's Seven Largest Cities - Streetsblog California

Assembly Bill 2074 aims to facilitate high-rise housing near transit hubs in California's largest cities by streamlining approval processes.
Real estate
fromwww.housingwire.com
6 days ago

Tax reform and real estate, key deductions still matter

Pro-growth tax policy is yielding tangible benefits for homeowners and small businesses, reflecting the impact of recent tax reforms.
SF real estate
fromFortune
3 weeks ago

The ROAD Act passed by the Senate aims to expand America's housing supply. It's likely to shrink it instead | Fortune

The 21st Century ROAD to Housing Act aims to limit single-family home rentals to address the housing shortage.
Healthcare
fromwww.amny.com
2 weeks ago

Op-Ed | New Yorkers can't afford Albany's single-payer fantasy | amNewYork

New York lawmakers propose the New York Health Act for a single-payer system, but it risks catastrophic tax increases and financial instability.
fromFast Company
1 month ago

If you want housing abundance, let the market work

Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.
Philosophy
Boston real estate
Cities can unlock 100,000+ housing units by leveraging 50+ million square feet of unused development rights on municipal properties and transit facilities through strategic air-rights deployment and alternative ownership models beyond traditional ground leases.
#housing-affordability
SF politics
fromwww.housingwire.com
1 month ago

The ROAD to Housing Act passed big, here is what it missed

The 21st Century ROAD to Housing Act represents bipartisan recognition of a housing affordability crisis impacting the American Dream and political stability.
Real estate
fromwww.housingwire.com
1 month ago

Here's what will actually move the needle on housing affordability

Housing affordability requires land-use reform and builders must shift focus to market segments where they can control outcomes, as traditional solutions like lower rates, off-site construction, subsidies, and value engineering are individually insufficient.
fromwww.housingwire.com
1 month ago

How Public Financing Wins Projects Before You Build

Through Community Facilities Districts (CFD), Municipal Utility Districts (MUD), Public Improvement Districts (PID), Community Development Districts (CDD) and reimbursement districts (RD), builders can potentially shift infrastructure costs off their balance sheets and onto special districts that homebuyers ultimately absorb through property taxes without potentially adding debt to the builder's books.
LA real estate
California
fromSan Jose Spotlight
1 month ago

Cupertino to poll residents on potential tax increase - San Jose Spotlight

Cupertino officials are polling residents on raising the utility users tax from 2.4% to 4.8% to address budget pressures, including increased sheriff services costs.
Real estate
fromwww.housingwire.com
1 month ago

Housing muni market swells amid affordability policy debate

Municipal bonds have become a critical financing tool for affordable housing, growing 198% since 2016 and now representing 7% of the $4.4 trillion municipal bond market.
NYC real estate
fromThe Atlantic
3 weeks ago

How to Keep the Suburbs Tenant-Free

The rise of corporate landlords is reshaping suburban housing, increasing rental options but facing potential legislative challenges.
Right-wing politics
fromThe American Conservative
1 month ago

Close Foreign Consulates in U.S. Sanctuary Cities

Migrant-sending countries maintain extensive consulate networks in the United States primarily to serve their large diaspora populations, including undocumented immigrants, contributing to immigration enforcement challenges.
NYC politics
fromtherealdeal.com
1 month ago

The Daily Dirt: Applying tax the rich to rent stabilization

An income-tax surcharge on high-earning rent-stabilized tenants could generate revenue while incentivizing them to move to better housing, freeing apartments for those with greater need.
SF politics
from48 hills
1 month ago

Lurie plan uses regressive taxes to 'save' Muni, in the short term - 48 hills

Mayor Lurie launched a parcel tax campaign to generate $150-200 million annually for Muni, preventing service cuts and addressing a $300 million budget deficit.
New York Rangers
fromNew York Post
1 month ago

Exclusive | Mamdani's property tax threat could end up hurting him with own base: poll

Mayor Zohran Mamdani's plan to raise property taxes nearly 10% risks alienating his base that prioritizes higher taxes on the wealthy and corporations.
East Bay real estate
fromwww.housingwire.com
1 month ago

Local fees trap state housing affordability reforms in a vicious circle

Local fee structures, particularly inclusionary zoning fees, are blocking residential development even after zoning reforms, creating constitutional and financial barriers that discourage new housing construction.
fromwww.housingwire.com
1 month ago

Realtor.com data challenges Senate ban on big home investors

One of the biggest takeaways is that from a national perspective, the largest investors account for a really small proportion of single-family home purchases and that share has decreased in recent years. So the ban is going to have less of a bite now than it would have had it been enacted a few years ago. It is attacking a trend that is already decreasing as opposed to one that is becoming increasingly part of the market.
Real estate
NYC politics
fromHoodline
1 month ago

NYC Council Pushes Ahead With Pay Raise Plan

New York City Council is advancing a pay increase package for elected officials during a budget crisis, bypassing the standard quadrennial commission review process.
fromThe Oaklandside
2 months ago

A battle over who runs parking in Oakland

"better align the parking operations of the City with revenue and collections processes housed in the Department of Finance, and abandoned automobile abatement functions housed in the Oakland Police Department." "[It will] streamline and improve the citations collection process," he said in the report. "Delays or inaccurate data in citations result in high rates of delinquency and decreased collectability revenue." He also said the move would facilitate traffic ticket payment plans, improve customer service, and strengthen financial management.
East Bay (California)
Real estate
fromwww.housingwire.com
1 month ago

The senior housing bottleneck is a mortgage market issue hiding in plain sight

Older homeowners are staying in place longer due to structural systems issues, rate lock-in, and complex life transitions rather than sentiment, creating a significant slowdown in housing inventory release.
New York Islanders
fromJust The News
1 month ago

NYC faces property tax hike after Hochul rejects Mamdani's push to raise income taxes on wealthy

Governor Hochul rejected a millionaire and corporate income tax hike, favoring business attraction and economic growth while declining Mayor Mamdani's tax proposal.
Real estate
fromwww.housingwire.com
1 month ago

Congress nears a housing deal and the investor fight is inside it

The bipartisan 21st Century ROAD to Housing Act addresses America's housing crisis by streamlining environmental reviews, expanding financing for manufactured housing, and encouraging communities to accelerate production to close a supply shortage of one to seven million homes.
California
fromwww.mercurynews.com
1 month ago

Walters: Los Angeles and Bay Area voters to decide whether to hike already high sales taxes

California voters face unprecedented sales tax increases in 2024, with Los Angeles and Bay Area counties seeking to raise rates to historic levels to fund healthcare and transit services.
#municipal-finance
SF politics
from48 hills
1 month ago

And now, another big tax cut for the developers and speculators in SF - 48 hills

San Francisco's proposed transfer tax cut on high-end property sales would reduce affordable housing funding without addressing the actual barrier to housing construction: economic feasibility of building itself.
California
fromPadailypost
2 months ago

Opinion: State trying to tax residents who moved; Cubberley tax is dead; school unions demand far more than inflation rate

California tax authorities are pursuing former residents for residency proof, while Palo Alto tax proposals face likely voter rejection amid growing local tax fatigue.
New York City
fromThe Washington Post
1 month ago

Opinion | European-scale taxation, New York-scale dysfunction

New York City's $127 billion budget has ballooned faster than growth and population, producing very high per-capita spending with middling public outcomes.
New York City
fromtherealdeal.com
1 month ago

The Daily Dirt: Mamdani revives property tax promise

Mayor Zohran Mamdani plans property tax reform while proposing a 9.5% city property tax increase to cover a $5 billion budget shortfall.
New York City
fromtherealdeal.com
1 month ago

The Daily Dirt: Mamdani shows signs of weakness

Mayor Mamdani faces political challenges from a property tax proposal and an expensive affordable housing plan in Sunnyside that alienated local Queens leaders.
Real estate
fromwww.housingwire.com
2 months ago

Property tax burdens vary widely as states debate senior relief

State property tax effective rates vary widely, with Hawaii at 0.27% and New Jersey at 2.11%, producing large differences in annual homeowner bills.
#property-tax
Real estate
fromwww.housingwire.com
1 month ago

Property tax, insurance accounts for 21% of mortgage payments

Taxes and insurance can comprise over one-third of monthly mortgage payments in many markets, significantly impacting affordability beyond the base loan cost.
New York City
fromwww.amny.com
2 months ago

Expert Analysis | After one year of NYC congestion pricing, the mobility jury is still out amNewYork

New York City's congestion pricing operates and alters travel behavior, but legal uncertainty and policy contradictions raise questions about affordability and long-term goals.
[ Load more ]