HDFC

… caps in placein addition to flip taxes that discourage reselling at inflated pricesbut under the new rules price caps … of the enforcementseem to be the biggest sticking points moving forward Mostly everybody is concerned with the … meetings yet so theyre likely scheduling some public forums in the next few months Were hoping that this slowing …

… potential new rules such as sales price caps and new asset restrictions for buyers As we wrote previously HDFCs … have strict income caps on buyers but no such rules about assets which are notoriously hard to track The proposed new … told DNAinfo Its unclear how the city plans to track buyer assets but as far as price caps go with some exceptions for …

… only accessible to those with loads of cash … Income not assets … The situation has more to do with HDFCs in general … strict income caps for buyers but dont check into their assets this can narrow the buyer pool to people with low … of the oddities of this system is that its incomebased not assetbased so if youre a trust fund baby its great says coop …

… and people who know how to shed their income on paper and game the system As such he notes if price caps  were  to go … still be in high demand he says It incentivizes people to game the systemwhatever rules you make people are going to … plan too and one official told DNAinfo A few of HPDs main recommendations are to update policy and regulatory …

… decided to move back to New York in 2012 we were eager to buy an apartment but werent sure we could afford one on a … York and anything could happen That summer we rented a small duplex in a midrise building on the margins of the Upper … $331000 and has income caps of around $97000 for a single buyer and $110000 for a couple … Discovering the beauty and …