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

… and more local governments are taking similar measures to discourage piedaterre investors The latest headlinegrabbing … 60 percent increase on property taxes for absentee homeowners as Mansion Global reported in late January … in Paris to rent out their properties to tenants since rental protections in the city are so strong for instance …

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