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 … increase wont have much of a dampening effect since the new increased tax would only mean an extra 1500 euros or so … Toronto is reportedly mulling cooling measures too New York officials seem more conspicuously silent on the matter …

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