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 … take these kinds of steps against outofcontrol investment Toronto is reportedly mulling cooling measures too New York …

By Virginia K. Smith |March 21, 2017 - 2:59PM