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

… buyers as global housing prices skyrocket and precious apartments in coveted cities sit empty more and more local governments are taking similar … … The latest city to crack down on piedaterres Paris hits empty apartments with a whopping 60 percent tax …

By Virginia K. Smith |March 21, 2017 - 2:59PM
Did Berlin just crack the code to keeping rents affordable?

As Berlin has gotten increasingly hip and wealthy over the past several years it has been facing an affordable housing crisis thats looked painfully familiar to … which has already reduced the average cost of new rental contracts by 31 percent since it was implemented on June 1st …

By Virginia K. Smith |July 10, 2015 - 10:30AM