The latest city to crack down on pied-a-terres, Paris hits empty apartments with a whopping 60 percent tax

… gotten tons of attention with its 15 percent tax on foreign buyers as global housing prices skyrocket and precious apartments in coveted cities sit empty more and more local … are taking similar measures to discourage piedaterre investors The latest headlinegrabbing move Paris has enacted …

By Virginia K. Smith |March 21, 2017 - 2:59PM
Broker fees on rentals are now banned in the U.K., but New Yorkers shouldn't bank on it

… we wrote about a petition to ban socalled letting fees the UK equivalent of the broker fees many New Yorkers pay on … fee … Europe … Broker fees on rentals are now banned in the UK but New Yorkers shouldnt bank on it …

By Virginia K. Smith |December 8, 2016 - 1:59PM