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

… While Vancouver has gotten tons of attention with its 15 percent tax on foreign buyers as global housing prices skyrocket and precious apartments in coveted … unlikely to encourage owners of second homes in Paris to rent out their properties to tenants since rental …

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